Italy cancels two bond auctions in August

Parvez Jabri July 23, 2019

MILAN: Italy’s treasury cancelled a medium and long-term bonds auction scheduled for Aug. 13, citing a large cash availability.

The treasury also cancelled a BTP?I linker sale scheduled for Aug. 27.

All other auctions, including a short-term bills sale scheduled for Aug. 9, will be held as planned, it said in a statement on Tuesday.

Copyright Reuters, 2019

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