Italian Two-Year Notes Stay Lower After 182-Day Bill Auction

Italian two-year notes stayed lower as the nation sold 8.5 billion euros of 182-day bills.

The yield on the securities rose two basis points to 2.64 percent at 2.64 percent as of 10:12 a.m. London time.

Italy sold the securities at an average yield of 1.119 percent, compared to 1.202 percent at an auction on Feb. 27. The rate was the lowest since September 2010.

To contact the reporter on this story: Lucy Meakin in London at lmeakin1@bloomberg.net

To contact the editor responsible for this story: Daniel Tilles at dtilles@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.