Introduction section Termsheet of the new BTP Italia is now available: maturity 6 years and bonus payment of 0.8%
Termsheet of the new BTP Italia is now available: maturity 6 years and bonus payment of 0.8%
The termsheet of the new BTP Italia is now available online. As announced, the bond will have a maturity of 6 years and a bonus payment equal to 0.8% of the invested capital for investors who purchase the bond during the placement period and hold it until the final maturity.
Otherwise, the next BTP Italia on offer will have the same characteristics of the previous issuances.
The placement will be held in two phases: the First Phase will last three days, from November 14th to November 16th, 2022, unless early closing, and will be reserved to individual investors and other persons similarly classified; the Second Phase, reserved to institutional investors, will take place in the morning of November 17th, 2022.
The guaranteed minimum annual (real) coupon rate will be communicated to the public on Friday, November 11th, 2022, while the definitive annual (real) coupon rate will be communicated before the opening of the Second Phase of the placement period.
As in the previous issuances, there are no fees to be borne by investors, while the taxation treatment continues to be equal to 12.5%, as for all government securities.
For more information, the dedicated email email@example.com, is now available.