ITALIAN TREASURY DETAILS BORROWING REQUIREMENT
The Italian Treasury said the public sector
borrowing requirement in the first four months totalled a
provisional 40,100 billion lire compared with 40,380 billion in
the comparable 1986 period.
    The Treasury said revenues in the first four months
totalled a provisional 64,151 billion lire, while spending was
a provisional 108,439 billion lire. Treasury management
operations showed a positive balance of 4,188 billion lire.
    The borrowing requirement was financed through medium and
long term bond and loan issues on the domestic market totalling
36,721 billion lire, through foreign borrowing of 60 billion
lire, and through a 3,319 billion lire increase in other
treasury debts.
 REUTER
