MILAN, March 10 (Reuters) - Domestic investors bought
84.7% of the share of the new BTP Italia bond offered to
institutional buyers, the Italian Treasury said on Friday.
Italy raised 9.92 billion euros ($10.50 billion) from the
March 2028 inflation-linked bond targeted at retail investors
this week, slightly underperforming the last such issue in
November when a 6-year maturity sold 11.99 billion euros.
Banks and asset managers bought 43% and 33.9% respectively
of the 1.35 billion euros raised in the institutional placement.
Last November, foreign investors bought around 52% of the
share of the new BTP Italia bond offered to institutional
buyers.
($1 = 0.9446 euros)
(Reporting by Sara Rossi, editing by Gianluca Semeraro)
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