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Italy - Dual-tranche 7/50y BTP syndication update

EGB SYNDICATION
  • 0.25% Mar-28 BTP tap
    • Books in excess of E45bln (incl. E2.05bln JLM)
    • Guidance revised to: 0.95% Sep-27 BTP + 10 +/-1bp WPIR
  • New 1 Mar 2072 BTP:
    • Books in excess of E40bln (incl. E1.6bln JLM)
    • Guidance revised to: 1.70% Sep-51 BTP + 48 +/-1bp WPIR
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