MILAN, Oct 29 (Reuters) - Italian six-month yields hit a new low since May at an auction on Tuesday, pushed down by loose monetary policies in Europe and the United States that continued to support sentiment towards riskier assets ahead of a sale of longer-dated bonds.
Italy paid 0.629 percent to sell 8 billion euros in bills due in April 2014, down from 0.781 percent at a similar auction a month ago.
Demand totalled 1.8 times the amount sold, up from 1.5 times at the slightly bigger previous sale. Bids were supported by 9.2 billion euros of six-month bills maturing this week.
Italy returns to the market on Wednesday offering up to 6 billion euros in five- and 10-year bonds.
(Reporting by Valentina Za, editing by Silvia Aloisi) Keywords: ITALY BONDS/AUCTION
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