Italy Issuing Debt in Dollars – Not Euros
October 10, 2019Italy today launched new debt in US dollars instead of euros in hopes of attracting dollar investors as the euro market continues to show signs of stress. They issued USD 2.5bn 5yr, USD 2bn 10yr, and USD 2.5bn 30yr. We are in the end game now to have euro members begin issuing debt in US […]