Jun
1st
Tue
1st
A €1.5 Trillion Portfolio Of European Periphery Debt
Managing that portfolio is Maria Cannata’s job, the public officer in charge of selling Italian government bonds on the market.
Possible reasons for optimism on Italian treasuries:
- A woman is in charge of selling our bonds, Maria Cannata
- Italian Treasury has €25 billion in cash deposited in a bank account
- Average maturity of debt is 7.1 years
Let’s hope for the best, June and August 2010 are the worst months in terms of redemption of Italian government bonds, with over €45 billion coming due.
