The new BTP Italia Yes linked to inflation is launched: here’s how it works

John

By John

The new BTP Italia Sì is at the starting line, the government bond indexed to inflation, designed to protect against price increases and reserved for individual savers. The placement will take place over the course of a week, from Monday 15 June to Friday 19 (unless early closure), and already on Friday 12, when the minimum guaranteed fixed rate will be revealed, it will be possible to have an idea of ​​the minimum gross profit.

For this issue, the Btp Italia Sì will have a duration of 5 years with semi-annual coupons linked to the national inflation rate of the period. The guaranteed minimum fixed rate will be communicated by the MEF on Friday and may be revised, but only upwards, at the closing of the placement, based on market conditions. Furthermore, there is an extra final premium of 0.6% of the invested capital for those who choose to purchase the Btp Italia Sì on the days of issue and hold it until maturity.