ECB's overnight deposit facility declined marginally from Tuesday's record high, dipping to €437B from €452B
Italy sells €2.5B of 10-year bonds at an average yield of 6.979%. The auction was slightly oversubscribed, with a bid-to-cover ratio of 1.357%. All told, Italy raised ~€7B today from bonds of varying maturities; the plan was to sell €5B- €8.5B.
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