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imageMILAN: Italy assigned 1.63 billion euros of a Sept. 1, 2028 nominal bond at an average price of 133.44 at an exchange auction on Friday.

The Treasury swapped the long-term bond with four bonds maturing in 2017 and a fifth one due in 2018 which it repurchased for a total of 2.05 billion euros.

Copyright Reuters, 2016

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