Peripheral eurozone countries had a series of barnstorming successes this week, as yields plunged at auctions and the Republic of Italy brought in more than €17bn of orders for its latest BTP Italia bond. That was in stark contrast to the gloom surrounding the global economy’s prospects.
Italys success was so great that it is now considering capping future issues of the structure despite facing an increased funding requirement, EuroWeek can exclusively reveal.The grim economic news included poorer than expected first quarter growth in China and the International Monetary Funds downward revision of its growth
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: email@example.com
Or sign up for a trial to gain full access to the entire site for a limited period.
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: firstname.lastname@example.org or find out more online here.