Italy to test US dollar market after record BTP sale in euros

摘要

The republic of italy is weighing up plans to issue its first US dollar bond in nearly a decade, after investors gave the sovereign a big vote of confidence in the euro market last week when they lapped up its first publicly syndicated deal in the single currency for a year. A US dollar trade has been on the sovereign's radar for a while, according to Davide Iacovoni, director general at Italy's treasury, but is less straightforward than a euro deal as the sovereign hasn't issued in the currency since September 2010.