Retail orders for new 5-yr BTP Italia reach 1 bln euros - bourse data

Kitco Media
By Reuters
Published:
Updated:
Reuters
MILAN, March 6 (Reuters) - Orders for Italy's new 'BTP Italia' bond, aimed at retail investors in particular, reached 1 billion euros ($1.06 billion)by 0930 GMT, Milan bourse data showed on Monday. 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. The Treasury set at 2% the minimum guaranteed real annual coupon for the bond due March 14, 2028. The previous offer dates back to November, when the Treasury raised a total of 11.99 billion euros with its inflation-linked bond due in November 2028. ($1 = 0.9398 euros) (Reporting by Sara Rossi, editing by)

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