Italy joins sovereign flurry, draws record orders for new 30-year bond
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MILAN (Reuters) - Italy will print 7 billion euros of a new 30-year BTP bond after drawing record orders for the new issue as of Wednesday, as Rome took advantage of the market momentum for euro zone borrowers.Bids for the new bond, which matures on Sept. 1, 2050, topped 47 billion euros, the highest-ever demand for an Italian syndicated issue, one of the deal's lead managers said.Italy's sale adds to a busy start to 2020 on the bond market, with new syndicated debt placed by sovereign issuers..