A Treasury source says Italy has covered 77% of its 2011 financing needs, and plans to ...

|By:, SA News Editor

A Treasury source says Italy has covered 77% of its 2011 financing needs, and plans to  issue another €100B in new debt before year's end, with no need to rollover any existing paper. "The Treasury's issuance policies have a long-term horizon and they do not hinge on monthly maturities of notes."