Italy managed to sell five-and ten-year bonds for the total of 5.4 billion with pretty high borrowing costs, just before EU summit devoted to the debt crisis situation in euro zone. In case of 10-year bonds were 6.19% (on May 30 at the same auction-6.03%). As for 5-year bonds 5.84%( on May 30- 5.66%) For the cooperation’s sake German interest rate 10-year bonds is just 1.5%.
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