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Exchange Auction Announced For Tomorrow, Feb 20

ITALY AUCTION PREVIEW

The MEF has announced it will hold an exchange auction on Tuesday 20 February (tomorrow). On offer will be up to E3bln combined of:

  • the 0.80% Oct-28 CCTeu (ISIN: IT0005534984)
  • the 1.65% Mar-32 BTP (ISIN: IT0005094088)
The MEF will look to buyback:
  • the 1.85% May-24 BTP (ISIN: IT0005246340)
  • the 0% Aug-24 BTP (ISIN: IT0005452989)
  • the 3.75% Sep-24 BTP (ISIN: IT0005001547)
  • the 1.45% Nov-24 BTP (ISIN: IT0005282527)
  • the 2.50% Dec-24 BTP (ISIN: IT0005045270)
Buyback prices will be announced tomorrow at 0900GMT/1000CET, with the bidding deadline at 1000GMT/1100CET.

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