Italy wants most of public debt in domestic hands -Economy minister
2023.10.31 07:51
© Reuters. FILE PHOTO: Italian Economy Minister Giancarlo Giorgetti looks on during a confidence vote over the 2023 budget at the lower house of the parliament, in Rome, Italy December 23, 2022. REUTERS/Remo Casilli//File Photo
ROME (Reuters) – The Italian government is pleased with the positive response of home investors to the sale of its retail bonds and aims to place most of the public debt in domestic hands, Economy Minister Giancarlo Giorgetti said on Tuesday.
In a speech to bankers in Rome, Giorgetti said the recent success of bond issues dedicated to Italian retail investors was
“a very important sign” of trust between the government and savers.
“That is part of a broader strategy aimed at placing the main part of the public debt within our country, as it should be,” he said.
