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Italy gets through 2-year bond auction with ease

Rome (AP) - Italy easily sold ?45.4 billion dollar 24 months bond auction, see the country's lending interest rates fall, in another sign, investors shrug off uncertainty early elections next month and Italy's latest financial scandal.
The Italian ministry of finance said Monday's bond interest rate for 1.434% to 1.884% in December, the auction. Demand is healthy, and sale of 1.45 times oversubscribed.
Italy's financial trading scandal has shocked the world, and find table of electronic PASCHI Siena, the world's oldest running bank, it covered the hundreds of millions of dollars trading loss.
The scandal has become a problem before February 24th and 25th election critics question the Italian bank supervision and government ?3.9 billion rescue Banks.



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