Italy Raises Record 22.3 Billion Euros From Sale of Retail Bonds
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A bond sale that amounted to a vote on Rome’s handling of the economic crisis has been a success, raising the most on record.
The four-day auction of inflation-linked bonds aimed primarily at the retail market ended Thursday, with the nation allocating 22.3 billion euros ($25 billion) worth of securities, according to a person familiar with the matter, who declined to be identified because they aren’t authorized to speak publicly about the deal.