Markets
Italy and Germany expected to sell bonds next week
LONDON: Two euro zone sovereigns are scheduled to hold bond auctions next week.
- On Tuesday, Italy is forecast t
LONDON: Two euro zone sovereigns are scheduled to hold bond auctions next week.
* On Tuesday, Italy is forecast to sell 3.3 billion euros of new bonds including inflation-linked bonds, according to Commerzbank.
* Germany will sell 5 billion euros of bonds maturing 2021 on Tuesday, according to its debt management agency.
* Italy returns to the market on Thursday with an auction of medium to long-dated government debt. Commerzbank estimates Italy will sell up to 5.8 billion euros of five and 10-year bonds known as BTPs.
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