Italy Sells As intended at 10-Yr Bond Auction, Yield falls Under 6 Pct Threshold

Italy Sells As intended at 10-Yr Bond Auction, Yield falls Under 6 Pct Threshold


Italy sold its maximum targeted amount of a new 10-year bond at auction and managed to pay a yield well under a critical 6 pct threshold.
Investors bought 4 billion euros of BTP maturing November 2022, which is to become a benchmark. Bid came in at 1.42 times the offer, up from 1.29 one month ago.
Borrowing costs on the 10-year maturity fell to 5.82 pct, down from 5.96 pct at a similar auction one month ago
Italy also sold 2.5 billion euros of a five-year bond due in June 2017 and 793 million euros of a floating rate CCTeu note maturing June 2017
The Treasury paid 4.73 pct on the five-year bond, down from 5.29 pct at end-July auction.
The central bank is due to unveil details of its mechanism at a key Sept. 6 meeting.


More FOREX-news on pages InstaForex.Com


How to Become a Forex Introducing Brokers?

Working with INSTAFOREX you receive the highest benefit in comparison with other brokers. We offer the best conditions for partners and clients and are ready to confirm it by figures and definite advantages.


Cooperation with INSTAFOREX is:

* 1.5-2 pip commission for Forex and up to 10 pips for Gold

* Additional reward for Introducer Brokers

* 24-hours online access to the affiliate statistics

* Free analytics of your affiliate link traffic

* Free completed website with the opportunity of easy administration

* Free Forex news line for your clients

* Wide choice of promotional and educational materials

* Opportunity of books distribution provided by the company

* 7 types of partnership with INSTAFOREX
Company and partner growth potential

* Bank debit card of INSTAFOREX

This is the highest level of partnership that ensures obtaining an official Introducing Broker status in a certain city or region. Official status implies:

* Placing information about a partner on the website;
* Higher level of trust;
* Additional rewards for local representation of the company. The reward is usually calculated on the basis of the companys turnover in a certain region.
* Placing on INSTAFOREX website as a licensed educational centre;


At present INSTAFOREX Company is one of the most popular and well known Forex brands in the world, which provides high profitability based on the companys development in the region. Besides, the official status available for marketing use in your region the following services are at your disposal:

* Access to the affiliate statistics; up to 2 pips from every clients trade;

* Up to 2 pips commission from each deal made by the client;
* Advanced statistics of your partnership link;
* Instant commission crediting;
* the opportunity to create your own web-site on a separate domain;;
* Percentage from companys turnover among your clients.

In order to become legally competent companys Introducing Broker it is enough just to fill the form online. In a few hours after registration the partnership department manager will contact you to discuss the details of the future partnership.

REGISTER AS Forex Introducing Brokers TODAY