6-mth lending rate plunges at bond auction
1.202% compared to over 6% in November
27 February, 18:20 
Guarda la foto1 di 1 (ANSA) - Rome, February 27 - Rates plummeted to 1.202% at a six-month bond auction Monday from 1.969% at the last such sale on January 27.
In November, when Mario Monti became premier after Silvio Berlusconi resigned, the six-month lending rate was over 6%. The Treasury sold all the 12.25 billion euros of bonds it was offering.
The spread between Italian and German bonds edged down to 359.5 points Monday with the yield at 5.42%.
The Milan bourse closed 1.09% down.
Tuesday, 28 February 2012
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