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Italy Dual-Tranche July-2025 & Sep-2050 Tap....>

BTPS
BTPS: Italy Dual-Tranche July-2025 & Sep-2050 Tap - Spreads set
- Combined books are > E100bn including JLMs and co lead orders
- 5yr books above E55bn (incl E7.45bn JLM)
- tap 2050 books E45bn (incl E6.05bn JLM)
- Spreads are set :
BTP 02/2025 + 21bps on the 5yr and BTPS 2049 +9bps on the 2050 tap
- Books to close at 12.00 UKT/ 13.00 CET, deal pricing later today
From market source

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