December 4, 2008 / 1:44 PM / 9 years ago

Italy to issue 3-, 12-mth BOTs mid-Dec-sources

1 IN. DI LETTURA

MILAN, Dec 4 (Reuters) - Italy's Treasury intends to issue at mid-month 4 billion to 4.5 billion euros of three-month treasury bills (BOTs) and 6.5 billion euros of 12-month bills, market sources said on Thursday.

The three-month issue replaces a similar BOT for 3 billion euros, which is maturing. The 12-month issue replaces a 7.5 billion issue, the sources said.

Reporting by Gabriella Bruschi, writing by Nigel Tutt

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