The Ministry of Economy and Finance announces that from Monday 20 to Thursday 23 June 2022 there will be a new issue of the Italian BTP, the government bond indexed to the national inflation rate designed for the individual saver. The characteristics of the security remain mostly the same as in the previous issues. The most important news – explains the Mef – concerns the fact that for the first time a double loyalty bonus will be provided for the retail saver who buys in the days of issue: one that will be paid during the life of the security and one at the final maturity. for those who have held it continuously until the corresponding dates.
The new BTP Italy will have a duration of between 6 and 10 years and as usual, it will be placed on the market in two phases: the first phase will take place from Monday 20 to Wednesday 22 June, unless early closure, and will be reserved exclusively for individual savers. and similar (the so-called retail market); the second phase will take place on 23 June and will be reserved for institutional investors only. The duration of the title will be announced in the coming days. The guaranteed minimum rates will be announced on Friday 17th June.
As for the previous issues, retail savers will be able to subscribe BTP Italia in the bank, at post offices or using the online purchase channels, through their home banking if enabled for trading functions. The placement will take place on the Mot electronic platform (the electronic market for bonds and government securities of the Italian Stock Exchange) through the following dealer banks: Intesa Sanpaolo and Unicredit.