Markets

Italy sells 1.91bn euros of 2034 BTP bond in exchange auction

Published May 6, 2016 Updated May 6, 2016 11:21am

1 min

By Parvez Jabri

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MILAN: Italy sold 1.91 billion euros ($2.2 billion) of an Aug. 1, 2034 BTP bond at an exchange auction on Friday, the Treasury said in a statement published on its website.

The Treasury swapped the long-term bond with five bonds maturing in 2017 and in 2018 which it repurchased for a total of 2.56 billion euros.

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