ROME (Reuters) – The Italian government is pleased with the positive response of home investors to the sale of its retail bonds and aims to place most of the public debt in domestic hands, Economy Minister Giancarlo Giorgetti said on Tuesday.
In a speech to bankers in Rome, Giorgetti said the recent success of bond issues dedicated to Italian retail investors was
“a very important sign” of trust between the government and savers.
“That is part of a broader strategy aimed at placing the main part of the public debt within our country, as it should be,” he said.
(Reporting by Giuseppe Fonte; writing by Angelo Amante, editing by Gavin Jones)
