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24/05/2022 16:17
The Italian Treasury has concluded the issue of the first tranche of the new 15-year BTP for an amount of 5 billion euros. The bond was placed at a price of 99.651 corresponding to an annual gross yield at issue of 3.305%.
The bond matures on March 1, 2038, with dividend rights on March 1, 2022 and an annual rate of 3.25%, paid in two half-yearly coupons. The settlement of the transaction is set for May 31st.
The placement was carried out through a syndicate, consisting of five lead managers, Barclays Bank Ireland PLC, Goldman Sachs Bank Europe SE, JP Morgan SE, Nomura Financial Products Europe GmbH and UniCredit SpA and the remaining Specialists in Italian government bonds as co -lead manager.