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BTP Italia: Books in excess of E5bln

EUROZONE ISSUANCE
  • Orders for the 5-year Mar-28 BTP Italia have now exceeded E5bln. Yesterday saw orders of E3.637bln while today's orders (on a 15 minute delay from Borsa Italia are at E1.418bln).
  • There has been greater demand for this week's BTP Italia so far than in the November transaction.
  • The last BTP Italia (the 6-year Nov-28 issue) that sold in November 2022 saw a retail takeup of E7.281bln (of which day 1 saw E3.185bln, day 2 saw E2.244bln and day 3 saw E1.852bln).
  • Note that institutional sales will take place on Thursday between 10:00-12:00CET.

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