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.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at