|Chennai||Rs. 24470.00 (1.37%)|
|Mumbai||Rs. 24900.00 (0.97%)|
|Delhi||Rs. 24200.00 (1.26%)|
|Kolkata||Rs. 24160.00 (0%)|
|Kerala||Rs. 24000.00 (0.63%)|
|Bangalore||Rs. 23800.00 (0%)|
|Hyderabad||Rs. 24140.00 (1.17%)|
Italy has paid slightly higher interest rates to raise 3.8 billion euros ($4.9 billion) in bond sales amid political uncertainty.
The treasury paid a rate of 1.75 percent in the sale Monday of 2.8 billion euros in 12-month bonds, up from 1.68 percent at the last such auction last month.
It raised another 990 million euros in the sale of 15-year and 5-year bonds. Though demand was strong — more than double the amount offered for the longer-term bonds — Italy did not raise as much as it could have because of higher interest rates.
Center-left leader Pier Luigi Bersani is holding consultations on forming a new government following elections last month that ended with no clear winner. He is expected to announce his results in coming days.