Wires

Italy plans more foreign currency bond issues next year - head of debt

ROME, Oct 10 (Reuters) - Italy plans to sell more debt denominated in foreign currencies next year after demand for its first U.S. dollar bond in nearly a decade exceeded expectations, the head of debt management at the Rome Treasury said.

Italy's first U.S. dollar bond since 2010 drew more than $18 billion in orders this week, allowing the Treasury to raise $7 billion and helping to diversify funding sources for the heavily indebted state.

Davide Iacovoni told Reuters in an interview that the Treasury aimed to sell more global bonds in U.S. dollars next year and privately place debt denominated in yen and other non-euro currencies.

"Our goal is to be present on the U.S. dollar market on a regular basis and we'd like to resume our global bond programme. We expect to be able to tap this market again with new issues next year," he said. (Reporting by Giuseppe Fonte, writing by Valentina Za, editing by Gavin Jones)