Introduction sectionPlacement 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 March 2040 with accrual date 1st March 2019, has a 3.10% annual coupon, paid on a semi-annual basis.
The amount of 6 billion Euro has been issued at a re-offer price of 99.623, equivalent to a 3.149% gross annual yield.