Borrowing Costs Slide At Italy's Latest Bond Auction

venice canals gondola italy

Photo: Facebook/Natasha Ba

Italy just completed a debt auction for bonds maturing in 2015.Bloomberg reports that the borrowing cost fell to 2.5 per cent from 2.64 per cent at a similar auction last month.

This is the lowest yield since October 2010, reports Bloomberg’s Linda Yueh.

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