Two Euro Bonds Pulled as Treasuries Sell-Off Adds to Italy Woes
- Austrian lender and German maintenance provider scrap deals
- Bahrain bank also opts against pursuing planned dollar sale
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Market volatility scuttled two euro bond sales on the same day, as investors wrestle with Italian politics, Brexit and a U.S. Treasuries sell-off.
Bilfinger SE, a German maintenance provider, and Austrian lender Volksbank Wien AG both abandoned sales that were in the market on Thursday. Bahrain-based Gulf International Bank BSC separately opted against pursuing a planned dollar bond offering.