October 26, 2018 / 5:27 AM / in 25 days

Bank of Italy monitoring lenders' BTP bond portfolios- La Stampa

MILAN, Oct 26 (Reuters) - The Bank of Italy has asked Italian banks in the last few weeks for a periodic update of their state bond portfolios, La Stampa newspaper said on Friday without citing sources.

The newspaper said the central bank had acted at the behest of the European Central Bank.

The monitoring focuses on government bonds that banks hold for trading purposes, whose value is affected by market fluctuations.

Reporting by Stephen Jewkes, editing by Valentina Za

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