Italy returned to the U.S. dollar bond market for the first time since 2021, seeking $6 billion in financing
Italy returned to the U.S. dollar bond market for the first time since 2021, seeking $6 billion in financing. The issuance of Italian dollar bonds with three maturities has attracted nearly $20 billion in demand, and pricing of various durations is expected to be up to 10 basis points narrower than the yields on comparable U.S. debt. (Bloomberg)