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MNI:Market Turmoil Threatens To Delay Italy Retail Bond-Source

(MNI) ROME

Sale of a new Italian retail bond may have to be pushed back due to market turbulence.

Financial market turmoil following the collapse of Silicon Valley Bank and speculation over Credit Suisse could delay the sale of a new retail Italian government bond meant to fund more national investment, a source working on the subject told MNI.

The financial market sell-off could "affect the calendar provisioning," of the bond, the source said.

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Financial market turmoil following the collapse of Silicon Valley Bank and speculation over Credit Suisse could delay the sale of a new retail Italian government bond meant to fund more national investment, a source working on the subject told MNI.

The financial market sell-off could "affect the calendar provisioning," of the bond, the source said.

Keep reading...Show less