UPDATE 1-Italy sells $10 bln of new BTP Italia amid solid demand

April 16, 2015 12:29 PM

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MILAN, April 16 (Reuters) - Italy saw solid demand for a new BTP Italia inflation-linked bond on Thursday, selling 9.4 billion euros ($10 bln) in total after only partly meeting requests from institutional investors, the Treasury said.

Retail investors bought 5.4 billion euros of the eight-year bond in the first part of the offering, while the Treasury decided to sell 4 billion euros of the new issue to institutions, who had filed total requests worth around 5.4 billion euros.

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