The cost of borrowing in Italy has dropped for a second consecutive day after the government's latest bond auction.
The interest rate on the three-year bond fell on Friday to 4.8% from 5.6% at the last sale two weeks ago.
The BBC reports the government reached its target of 4.75 billion euros.
The interest rate on Italian 12-month bonds also fell on Thursday, when the government raised 12 billion euros.
On Thursday, Spain raised 10 billion euros in a bond auction - twice as much as its original target.
Analysts say demand at recent auctions has been boosted by cheap funds from the European Central Bank.
The ECB launched new, cheaper three-year loans on 21 December that were snapped up by eurozone banks, who borrowed some 489 billion euros.