Missione compiuta! Eurozone back to “normal” as Italy and EFSF fly

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Missione compiuta! Eurozone back to “normal” as Italy and EFSF fly

The triumphant return of Italy to the syndicated market with a 15 year conventional bond and a successful bills auction by the Kingdom of Spain [see separate story] has given another massive boost of confidence to peripheral Europe, already buoyed by Ireland’s €2.5bn tap issued last week.

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