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Italian Two-Year Notes Stay Lower After Nation Sells Bills

Aug. 29 (Bloomberg) -- Italian two-year notes stay lower after the nation sold 9 billion euros of 181-day bills at an auction.

The rate on Italy’s two-year note was two basis points higher at 3.07 percent as of 10:08 a.m. London time.

Italy sold the bills at a yield of 1.585 percent, compared with 2.454 percent at a similar sale on July 27.

To contact the reporter on this story: David Goodman in London at dgoodman28@bloomberg.net

To contact the editor responsible for this story: Paul Dobson at pdobson2@bloomberg.net

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