Italy's news in English

Editions:  Austria · Denmark · France · Germany · Italy · Norway · Spain · Sweden · Switzerland

Italy's borrowing costs fall below 3 percent

Share this article

Italy's borrowing costs fall below 3 percent
Italian 10-year bond rate falls below 3% for first time. Photo: Kentee Gardin/Flickr
15:30 CEST+02:00
Italy's long-term borrowing costs fell on Tuesday below the three percent level for the first time since the creation of the euro amid a resurgence in investor confidence in the eurozone.

The rate of return for investors for investors on ten-year bonds on the secondary trading market -- the implied costs for governments to borrow fresh funds, had already dropped below three percent on Spanish bonds last week.

Don't miss a story about Italy - Join us on Facebook and Twitter.

 
Get notified about breaking news on The Local

Share this article

The Local is not responsible for content posted by users.
Become a Member or sign-in to leave a comment.

From our sponsors

This cloud-based agency takes remote working to the next level

Be honest, who hasn't dreamed of working remotely with all the perks of employment? If you've got the skills, you only need to look UP to make that dream a reality.