Italian Treasury to Sell Bonds Directly to Retail Investors
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The Italian Treasury said it will go ahead with a plan to sell a new debt instrument directly to retail investors in 2012.
The new bond will be sold through Italy’s electronic debt exchange known as MOT, the Rome-based Treasury said in its 2012 debt auction plan released today. The Treasury, which did not give details on the new bonds, said it may also consider selling existing bonds directly to retail investors through the program.