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Mar 22 BTP Short-Term Details; BTPei Auction Cancelled

ITALY AUCTION PREVIEW

Italy to sell the following at the March 22 auction:

  • E2.50-2.75bln of 3.20% Jan-26 BTP Short Term (ISIN: IT0005584302)
  • MNI had expected a reopening of this issue, which was launched in February.
  • Note that the linker auction for March 22nd was indeed cancelled after the syndication of new 10Y BTPei raised E5bln today (MEF said in the syndication mandate Monday that "the inflation-linked bond auction scheduled for March 22 could be cancelled").

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