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BTP Valore: Orders Near E15bln Over 3 Days

EUROZONE ISSUANCE

Day 3 orders for the 4-year BTP Valore closed at E4.218bln, per Borsa Italiana data - for a 3-day cumulative total of E14.845bln (Day 1 saw E5.432bln and Day 2 E5.195bln, so a noticeable but not oversized dropoff in demand for the retail instrument).

  • Placement is scheduled to continue through Friday 9 June, though the MEF could theoretically announce an early close to the sales window.

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