Italy's Sovereign Debt Holdings Still Manageable, Data Show
- Rising rates don’t pose immediate threat for government
- Significant payment of almost $50 billion due in August
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Despite rising borrowing rates, Italy’s government debt situation is still manageable as the average maturity is almost seven years. August will see significant a payment of $49.1 billion -- the highest amount until September 2019. By comparison, the average maturity of U.S. debt is about one year shorter, according to a data compiled by Bloomberg.