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SSASovereigns

Italy to hit both short and long ends as bigger borrowing begins

Italy_euros_Adobe_575x375_140120

Italy mandated banks for a new five year to be sold alongside a tap of a September 2050 bond on Monday as it prepares to bolt on a bigger funding programme in order to fund its effort against the coronavirus pandemic. The sovereign will be joined by Luxembourg in the euro public sector bond market on Tuesday.

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