ROME |
ROME Nov 25 (Reuters) - The Irish crisis is not putting particular strains on Italy's debt, the head of the Italian Treasury's debt department said on Thursday, citing a "general nervousness" on bond markets.
"The auctions today went very well," Maria Cannata told reporters on the sidelines of a conference.
She said the costs of servicing Italy's debt, one of the highest in the world, were "perfectly in line" with forecasts, adding that the government's estimates already included higher interest rates seen in recent days.
She said Italy will issue 240 billion euros ($320.9 billion) worth of medium to long term bonds next year, about 20 billion euros less than this year. (Reporting by Giuseppe Fonte)
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