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Italy Revives Dollar Bond Sales for First Time Since Pandemic

Italy Revives Dollar Bond Sales for First Time Since Pandemic
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Bonds Italy Revives Dollar Bond Sales for First Time Since Pandemic Italy is returning to the US dollar bond market for the first time since the pandemic, broadening its pool of foreign investors after the country’s improving finances won credit-rating upgrades. The euro area’s third-largest economy on Monday started a three-part dollar transaction comprising five-, 10- and 30-year benchmark bonds. The deal is expected to be priced later Tuesday.

Bonds Italy Revives Dollar Bond Sales for First Time Since Pandemic Italy is returning to the US dollar bond market for the first time since the pandemic, broadening its pool of foreign investors after the country’s improving finances won credit-rating upgrades. The euro area’s third-largest economy on Monday started a three-part dollar transaction comprising five-, 10- and 30-year benchmark bonds. The deal is expected to be priced later Tuesday. [Image text:] wof gnet COLBO
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Originally published by Bloomberg Markets Read original →