0905 GMT [Dow Jones]--Even if eurozone countries have reached or are close to completing their annual funding programs, at least one new bond launch is still in the cards. Italy, which has cancelled bond auctions on Nov. 25 and Dec. 11, goes ahead with a bond auction on Nov. 27, and is likely to launch a new five-year BTP maturing in December 2019, according to Commerzbank. This launch would be in line with the Italian Treasury's quarterly funding guidance announced in late September. Commerzbank adds this would be the third new five-year BTP from Italy this year. The Italian Treasury announces the details of the Nov. 27 auction on Monday. (emese.bartha@wsj.com; @EmeseBartha)
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(END) Dow Jones Newswires
November 21, 2014 04:05 ET (09:05 GMT)
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