Italy intends to auction 5 year Treasury bonds on Sept. 13 as well as repoen sales of other...

|By:, SA News Editor

Italy intends to auction 5 year Treasury bonds on Sept. 13 as well as repoen sales of other non-benchmark paper. As expected, no longer term bonds are being offered as the ECB is buying only up to the 10 year area of the yield curve. The amounts hoped to be sold will be announced on Sept. 9.