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Italy Buys Back E4.7bn Of BTP/CTZ

BTP

Italy's Treasury announces it has bought back the following bonds for a total of E4.725bln as part of a specialist buyback operation:

  • E1.479bln of 3.75% Aug-21 BTP (E3.249bln offered/2.20x, 100.999 price)
  • E1.271bln of 4.75% Sep-21 BTP (E2.884bln offered/2.27x, 101.655 price)
  • E865mln of Nov-21 CTZ (E2.668bln offered/3.08x, 100.269 price)
  • E1.11bln of 2.15% Dec-21 BTP (E3.058bln offered/2.76x, 101.608 price)

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