Italy sets minimum guaranteed coupon on new BTP Italia at 2%

Kitco Media
By Reuters
Published:
Updated:
Reuters
MILAN, March 3 (Reuters) - Italy's Treasury said on Friday it had set at 2% the minimum guaranteed real annual coupon on a new 5-yr BTP Italia inflation-linked bond. The Treasury said last month it would offer the new linker due on March 2028 and targeted at retail investors, between March 6-9. The first three days of the offer will be dedicated to retail investors, unless an early closing is decided, while institutional buyers will be able to submit their orders on March 9.
(Reporting by Sara Rossi, editing by Federico Maccioni)

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