The much anticipated auction of Italian sovereign debt paper went well today, Monday 14 May.
The bonds were sold to investors at prices/yields above and below levels recorded in similar cases during the past months. The overall results can be termed as a success, given the negative climate that prevails today in European capital markets, after the Greek political political parties didn't manage to find common grounds to form a government in Athens. The deadlock now threatens Eurozone with a new crisis.
