Introduction section Placement Results of the new 20-year BTP

Placement Results of the new 20-year BTP

Closed today the placement result of the first tranche of the new 20-year BTP. The bond, maturing on the 1st September 2038 with accrual date 1st September 2017, has a 2.95% annual coupon, paid on a semi-annual basis.
The amount of 9 billion Euro has been issued at a re-offer price of 99.766, equivalent to a 2.987% gross annual yield.

Placement results of the new 20-year BTP

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