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Futura issue size likely around E5.5bln

BTP
  • Based on MNI calculations, the expected issue size of the new retail-only 16-year BTP Futura will be E5.48bln.
  • This would be sligthly smaller than the 8-year issues launched in November for E5.71bln and the E6.13bln inaugural 10-year issue launched in July.

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