Cassa del Trentino plans 20 year MTN as repo saves Italy’s 10 year

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Cassa del Trentino plans 20 year MTN as repo saves Italy’s 10 year

Italian SSAs drew a mixed bag this week, as one sub-sovereign outlined plans for a long dated deal, while the Italian government’s borrowing costs rose in a series of auctions except a sale of 10 year debt — which only the vagaries of the repo market kept in check.

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