The Italian government has raised €9.5 billion in a sale of bonds, The Wall Street Journal reports. The treasury issued new 10-year securities due to mature in September 2021, with yields averaging 4.84%. The government also offered floating rate bonds indexed to six-month Euribor, which was sold at a yield of 2.57%. The country had offered €5 billion in total, and the bid-to-cover ratio was 1.3.

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