The Ministry of Economy and Finance (MEF) has approved the syndicated reopening of the BTP Green (ISIN IT0005438004), first issued on March 3, 2021 with a 1.50% coupon and maturing on April 30, 2045. This is the first government bond dedicated to the financing of green expenses with a positive environmental impact.
The bond will be reopened for an amount equal to 5 billion euros (no grow) and, in line with the previous issue, the net proceeds will be used to finance state green expenditure with a positive environmental impact (as required by the budget law for the 2020). Furthermore, the green expenses financed through net revenues will contribute to the achievement of the environmental objectives as outlined by the European Taxonomy of Sustainable Activities and to the achievement of the Sustainable Development Goals 2030 (SDGs) set out in the Reference Framework.
The transaction will be carried out in the near future, in relation to market conditions.