ITALY SELLS 8.0 BLN EUR BONDS IN AUCTION

Italy's treasury sold a total of 8.0 billion euros in medium and long-term bonds in an auction.

10-yr yield rises to 3.76%, highest since Jan 2014 (Il Sole 24 Ore Radiocor Plus) - Milan , 30 Aug - Italy's treasury sold a total of 8.0 billion euros in medium and long-term bonds in an auction.


The treasury sold 3.25 billion euros in five-year bonds at a yield of 3.09%, up 0.28 percentage points from the previous auction and above the 3.00 percentage point threshold for the first time since September 2013.


It sold 2.25 billion euros in 10-year bonds at a yield of 3.76%, up 0.30 percentage points on the previous auction and the highest since January 2014. The Italian treasury also sold 1.25 billion euros in 15-year bonds at a yield of 3.30%.


Lastly, the Italian treasury sold 1.25 billion euro sin CCTeu bonds maturing on October 15, 2030 at a yield of 1.04%, down 0.22 percentage points from the previous auction.