Introduction sectionSecond Phase of the BTP Italia dedicated to institutional investors: the ISIN code

Second Phase of the BTP Italia dedicated to institutional investors: the ISIN code

The first phase of the placement of the BTP Italia, aimed at financing measures in response to COVID-19 emergency, ended.

 

The ISIN code for the Second Phase of the placement period, dedicated to institutional investors, will take place on the MOT (the Borsa Italiana’s screen-based market for securities and government bonds) on the 21st of May 2020 from 10 a.m. to 12 p.m., is IT0005410912.

 

Before the opening of this Phase, based on market conditions, the Treasury will set the definitive annual (real) coupon rate, at a level not less than the guaranteed minimum annual (real) coupon rate of 1.40 %, already announced on May 15th, 2020.

 

The new BTP Italia has its first accrual date as of the 26th of May 2020 and maturity date as of the 26th of May 2025.

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