Introduction sectionPublic Debt, Placement results of the new 30-year BTP
Public Debt, Placement results of the new 30-year BTP
Closed today the placement result of the first tranche of the new 30-year BTP.
The bond, maturing on the 1st September 2050 with accrual date 1th September 2019, has a 2.45% annual coupon, paid on a semi-annual basis.
The amount of 7 billion Euro has been issued at a re-offer price of 99.280, equivalent to a 2.50% gross annual yield.
The bond has been placed through a syndicate, structured with five lead managers, Barclays Bank PLC, BNP Paribas, Citigroup Global Markets Ltd, Crédit Agricole Corp. Inv. Bank and Monte dei Paschi di Siena Capital Services Banca per le Imprese S.p.A. and with the rest of Specialists in Italian Government bonds participating as co-lead managers.
Details regarding the demand composition will follow in the next press release of the Ministry.