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BTP Italia announced for W/C 14 November

EUROZONE ISSUANCE
  • The MEF has announced that it will launch a new 6-year BTP Italia in the W/C 14 November.
  • As usual the Mon-Wed will be reserved for retail investors.
  • The Thursday will see the second round for institutional investors.
  • Retail investors who hold to maturity will receive a bonus of 0.8%.
  • The guaranteed minimum real coupon rate will be announced on Friday 11 November.
  • Primary dealers: Intesa Sanpaolo S.p.A. and Unicredit S.p.A.
  • This will be the second BTP Italia of the year after the 8-year launch in June which saw E7.261bln of retail orders and E2.179bln of institutional.

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