Record demand for 10-year BTPs and 20-year Greens, 270 billion

John

By John

Record demand for the issuance through a syndicate of new banks Btp to 10 years And Green to 20 years announced yesterday by Mef. As a note from the ministry explains, the amount issued for the ten-year was equal to 13 billion euros in the face of a demand for more 140 billion euros.
As for the BTP Green to 20 years the amount issued was equal to 5 billion euros compared to a demand of approx 130 billion euros.

As for the new 10 year BTPthe ministry notes, the title expires 1 August 2035enjoyment January 15, 2025 and annual rate of 3.65%paid in two semi-annual coupons.
The stock was placed at a price of 99,577 corresponding to a gross annual yield at the issue of the 3.733%.

As for the BTP Green to 20 yearsthe security expires April 30, 2046enjoyment January 15, 2025 and annual rate of 4.10%paid in two semi-annual coupons.
The stock was placed at a price of 99,465 corresponding to a gross yield upon issue of the 4.181%.

The settlement of the aforementioned operations is set for next year January 15th. The placement was carried out through a syndicate, made up of six lead managers: Banca Monte dei Paschi di Siena, BNP Paribas, Citibank Europe, Crédit Agricole Corp, NatWest Markets And UniCreditand the rest Specialists in Italian government bonds as co-lead manager.