In November 2022, Rome raised around 12 billion euros with a BTP Italia maturing November 2028, attracting bids for 7.28 billion euros from retail investors. ($1 = 0.9459 euros) (Reporting by Sara Rossi, editing by Gianluca Semeraro and Federico Maccioni)
(Adds background)
MILAN, March 9 (Reuters) - Italy has raised a total of
9.92 billion euros ($10.49 billion)with its new BTP Italia
inflation-linked bond due March 2028 at the end of the four-day
offering on Thursday.
Institutional investors bought 1.35 billion euros of the
issue, a source close to the matter said.
The issue had already raised 8.56 billion euros from small
savers in the past three days. The number of subscriptions was
the second highest ever recorded, the Treasury said in a
statement on Wednedsay.
The real coupon of the bond was kept at 2%.
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.