All eyes on Italy before crucial S&P review

By Burhan Khadbai
24 Apr 2019

The public sector bond market is braced for S&P’s review of Italy’s credit rating this Friday. Investor analysts said a downgrade would result in a “material widening” of BTPs if the sovereign fell to just one notch above investment grade.

“This is owing to the reduced margin such a move would entail in terms of protecting investors from Italy potentially… falling out of investment grade benchmark indices,” the analyst said.

Italy’s growing budget deficit has led market participants to fear a downgrade could be on the horizon.

In ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.