(Tiper Stock Exchange) – The Ministry of Economy and Finance announced the results of the issuance of the first tranche of the new 30-year BTP. The title expires October 1, 2053enjoyment 23 February 2023 e annual rate of 4.5%, paid in two half-yearly coupons. The settlement of the operation is set for 23 February next.
The amount issued was equal to 5 billion of Euro. The title was placed at price of 99.559 corresponding to a gross annual yield upon issue by 4.578%.
The placement was done through trade union made up of five lead managersDeutsche Bank, JP Morgan, Nomura, Societe Generale Inv. Banking and UniCredit and the remaining Italian Government Bond Specialists as co-lead manager.