By Sara Rossi MILAN, Oct 24 (Reuters) – Italian small savers showed healthy appetite for a retail bond offered by the Treasury this week, boosting Rome's efforts to manage its huge debt pile. The Treasury raised 16.6 billion euros ($19.36 billion) from a seven-year "BTP Valore" bond for retail investors only which was sold from Monday to Friday, Bourse data showed. The response from households and non-financial firms was stronger than in two similar sales held earlier this year. The Treasury raised 14.9 billion euros from an 8-year "BTP Plus" bond in February and 6.53 billion from an inflation-linked "BTP Italia" note in May. "The final demand has clearly surpassed expectations, retail investors are reaffirming their enthusiasm for bonds designed specifically for them," said Federica De Gi
Italian small savers snap up new retail bond, helping Rome's debt management
The Sunday Guardian3 hrs ago
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