Italy's Treasury buys back 3 bln euros over three BTP Italia bonds

Credit: REUTERS/DADO RUVIC

ROME, June 8 (Reuters) - Italy has bought back three BTP Italia bonds maturing between 2023 and 2025 for a total of 3 billion euros ($3.21 billion), the Treasury said on Wednesday.

Rome re-purchased 536 million euros of a bond maturing on Nov. 20, 2023, 511 million euros of a bond due on April 11, 2024 and 1.953 billion euros of a BTP Italia maturing on May 26, 2025.

The Treasury uses transactions such as buy-backs or exchange auctions to smooth out the redemption profile of Italy's public debt.

($1 = 0.9358 euros)

(Reporting by Antonella Cinelli, editing by Cristina Carlevaro)

((antonella.cinelli@thomsonreuters.com; +39 06 8030 7709))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.