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Italy to offer up to 4bn euros of CTZs, BTPEIs at auction

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By Shoaib Ur Rehman
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eurodfROME: The Italian Treasury said on Friday it would offer up to 3 billion euros of zero-coupon bonds (CTZs) and up to 1 billion euros of bonds linked to euro zone inflation (BTPeis) at its regular end-month auction on March 27.

The Treasury said in a statement it would offer:

Between 2 billion and 3 billion euros of fifth tranche CTZs maturing onJan 31, 2014

A total of between 500 million and 1 billion euros of the following:

 - 20th tranche BTPeis maturing onSept. 15, 2021.

 - 24th tranche BTPeis maturing onSept 15, 2019

Copyright Reuters, 2012

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