The Ministry of the Economy and Finance announces that a new issue of the BTP Italia will be held from Monday 6 to Thursday 9 March, the government bond indexed to the national inflation rate designed for individual savers. The new BTP Italia, it is explained, will have characteristics “in line with the previous issues”, a duration of 5 years and a loyalty bonus of 8 per thousand for those who buy the security upon issue and hold it until maturity. on March 14, 2028.
As usual, the security will be placed on the market in two phases: the first phase will take place from Monday 6 to Wednesday 8 March, unless closed early, and will be reserved exclusively for individual savers and similar (the so-called retail market) where all the requests received; the second phase will take place in the morning of 9 March and will be reserved only for institutional investors. The minimum guaranteed rates will be communicated on Friday 3 March.
As with the previous issues, retail savers will be able to subscribe to the BTP Italia wherever they hold a securities account, at a bank or post office, even using their own home banking if enabled for trading functions. The placement will take place on the MOT electronic platform (the electronic market for bonds and government securities of Borsa Italiana) through the dealer banks Intesa Sanpaolo and Unicredit.