Italy keeps real coupon for BTP Italia bond at 2%

Kitco Media
By Reuters
Published:
Updated:
Reuters
ROME, March 9 (Reuters) - Italy's Treasury said on Thursday it was keeping the real coupon of its new 'BTP Italia' inflation-linked bond unchanged at 2%. The 5-year BTP Italia bond, which pays a premium over the domestic inflation rate, is being offered on Thursday to institutional investors, from 0900 GMT to 1100 GMT. In the three days of the offer to retail clients, orders for the bond reached 8.56 billion euros ($9.04 billion). ($1 = 0.9472 euros) (Reporting by Antonella Cinelli, editing by Gavin Jones)

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