Introduction section Public Debt, syndicated reopening of 50 year BTP

Public Debt, syndicated reopening of 50 year BTP

The Republic of Italy has mandated Citigroup Global Markets Ltd, Deutsche Bank A.G., Goldman Sachs Int. Bank and UniCredit S.p.A for the syndicated reopening of 50-year BTP due 1st March 2067, coupon 2.80% (ISIN IT0005217390).
The transaction is consistent with what has been foreseen in 2019 Public Debt Management Guidelines , which envisage the possibility to reopen only the 50-year BTP through either auction or syndicated placement.
The transaction will be launched in the near future subject to market conditions. FCA/ICMA stabilisation.

Due to the above mentioned issuance, the MEF announces that in the medium - long term bond auctions scheduled for the 11th of July 2019 only 3-year and 7-year BTPs will be offered.

 

Syndicated reopening of 50 year BTP

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