Copying and distributing are prohibited without permission of the publisher.

Watermark

Italian BTPs rally after surprise upgrade with green framework and dollar bond expected soon

ItalyMoney_Adobe_575x375
By Burhan Khadbai
26 Oct 2020

Italian government bonds rallied across the curve on Monday after S&P upgraded its outlook on the sovereign on Friday in response to the country’s extraordinary fiscal measures and support from the European Central Bank’s asset purchase programme and the European Union’s incoming recovery fund. The positive sentiment bodes well for the imminent publication of Italy’s green bond framework and plans to return to the dollar market in the coming weeks.

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free Trial
By Burhan Khadbai
26 Oct 2020