Introduction sectionPublic Debt, Placement Results of the new 15-year BTP

Public Debt, Placement Results of the new 15-year BTP

Closed today the placement result of the first tranche of the new 15-year BTP.
The bond, maturing on the 1st March 2036 with accrual date 18th of February 2020, has a 1.45% annual coupon, paid on a semi-annual basis.
The amount of 9 billion Euro has been issued at a re-offer price of 99.513, equivalent to a 1.489% gross annual yield.
The bond has been placed through a syndicate, structured with five lead managers, Goldman Sachs Int. Bank, Morgan Stanley & Co Int. PLC, Nomura Int, Société Générale Inv. Banking and UniCredit S.p.A. and with the rest of Specialists in Italian Government bonds participating as co-lead managers.

Placement results of the new 15-year BTP

Related content