MILAN, Feb 24 (Reuters) - Italy's cost of funding
touched a five-month high at an auction on Friday, matching the
recent widespread rise in euro zone bond yields.
The Treasury sold the maximum amount offered, 9.5 billion
euros ($10.06 billion), in two BTP bonds and a new floating rate
CCTeu, attracting orders of over 13 billion euros.
It placed 2.5 billion euros of a 5-yr bond due on April 1,
2028, at a 3.84% gross yield - the highest since September -
versus 2.39% at the previous auction.
Rome also sold 3.5 billion euros of a 10-year line due on
May 1, 2033, at 4.34% - another five-month high - along with 3.5
billion euros of a CCTeu due on October 15, 2028, sold at a
gross yield of 2.97%.
($1 = 0.9443 euros)
(Alessia Pé, editing)
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