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Italian banks' govt bond holdings rise in January - ECB

Markets pare rate hike bets again as West gets tougher on Russia
Markets pare rate hike bets again as West gets tougher on Russia   -   Copyright  Thomson Reuters 2022
By Reuters

MILAN – Italian lenders increased their domestic government bond holdings in January, European Central Bank data showed on Friday.

Their portfolio rose to 419.62 billion euros ($468.84 billion) last month, compared with 410.35 billion euros in December.

It stood at 388.25 billion euros at the end of January 2020.

($1 = 0.8950 euros)