MILAN- Italy plans to sell at least one U.S. dollar-denominated bond next year after solid demand for its second issue in nearly a decade, the head of debt at the Rome-based Treasury said.
Italy raised $3 billion from a five-year U.S. dollar bond sale on Tuesday, on the back of $9.25 billion of investor demand.
"We absolutely want to be present in this market with one or more issues next year, which could take place in the first half or first quarter, according to market conditions," Davide Iacovoni told Reuters in an interview.
Iacovoni said that issues in currencies other than the euro are possible next year, through private placements, though adding that there must be specific conditions to do so.
Italy's 5-yr dollar bond issue was snapped up mainly by European investors, he said, adding the sale was "satisfactory".
(Reporting by Sara Rossi, editing by Giulia Segreti) ((sara.rossi@thomsonreuters.com; +39 06 8030 7736;))
