Introduction sectionBTP Italia: guaranteed minimum annual coupon rate at 0.60% for the issuance that will start on Monday October the 21st
BTP Italia: guaranteed minimum annual coupon rate at 0.60% for the issuance that will start on Monday October the 21st
The BTP ITALIA guaranteed minimum annual (real) coupon rate is 0.60%. The definitive annual (real) coupon rate of the BTP Italia, the government bond indexed to Italian inflation (FOI index ex-tobacco, Indices of Consumer Prices for blue and white-collar households with the exclusion of tobacco), will be set higher than or equal to the guaranteed minimum annual (real) coupon rate and communicated at the opening of the third day of the placement period, Wednesday the 23rd of October.
The issuance will take place on the MOT (the Borsa Italiana’s screen-based market for securities and government bonds) through Banca IMI S.p.A and UniCredit S.p.A from the 21st to the 23rd of October 2019. The settlement date of all executed purchase orders is in one day and coincides with the first accrual date. The index number of inflation calculated at the accrual date and settlement date of the bond is 103.13548.
The First Phase of the placement period, tailored to retail investors, will take place from next Monday the 21st of October up to Tuesday the 22nd of October 2019, unless possible early closing at 1.30 p.m. of Tuesday the 22nd of October. For the First Phase the ISIN code of the bond is IT0005388167.
Specific information can be requested at: email@example.com.