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BTP Valore: 2-Day Order Total Well Above E10bln

EUROZONE ISSUANCE

Second day orders for the 4-year BTP Valore totalled E5.195bln per Borsa Italiana data, almost equalling Monday's E5.432bln. That's a 2-day total of E10.627bln in orders.

  • That's very strong:
  • By comparison: the 5-year BTP Italia saw takeup of E3.637bln on Day 1 and E2.933bln Day 2 for a 2-day total of E6.57bln, finishing with E8.563bln over 3 days.
  • Placement will continue through 9 June (could be an early close but not before Weds 7th, so at least 3 full days of placement).

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