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27 Feb 2013
Italian 10-year yields at highest level since October 2012
The Italian Treasury held the first debt auction after the parliamentary elections on Wednesday during which it sold a total of 6.5 billion euro worth of 5- and 10- year bonds, meeting the maximum target.
4 billion euros of bonds maturing in 2023 were auctioned at an average yield of 4.83%, up from 4.17% seen in late January. 1.95 billion euros worth of bonds maturing in 2018, were sold at an average yield of 3.59% versus the previous 2.94%.
4 billion euros of bonds maturing in 2023 were auctioned at an average yield of 4.83%, up from 4.17% seen in late January. 1.95 billion euros worth of bonds maturing in 2018, were sold at an average yield of 3.59% versus the previous 2.94%.