Milan bourse closes flat after successful bond sale

IMG class=hide alt=”Milan bourse closes flat after successful bond sale” src=”http://www.mineralfossil.com/wp-content/uploads/2014/02/wpid-ef9efa56e4ae62648ca09c21439b5331.jpg” (ANSA) – Milan, February 25 – The Milan stock exchange closed flat Tuesday in spite of the first successful State bond sale since Premier Matteo Renzi’s government was sworn in at the weekend. PThe FTSE-Mib index shed 0.02% to close at 20,473 points after the Treasury earlier on Tuesday sold 2.5 billion euros’ worth of CTZs set to mature in December 2015 at an all-time low of 0.822%, down from 1.031% at the last equivalent sale./PPElsewhere in Europe, Frankfurt’s DAX index shed 0.10% to close at 9,699.35 points while the London FTSE index ended the trading day down by 0.52% at 6,830.50 points./PPMadrid’s IBEX-35 index added 0.48% to close at 10,242.50 points, and the Paris CAC-40 index lost 0.10% to close at 4,414.55 points./PPThe spread between Italy’s 10-year bond and the ultra-safe German bund closed the trading day at 194 points, with a rate of 3.58% on the 10-year paper./P
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