The Treasury announced that the The placement of the Btp Italia will open on 19 March, the first inflation-indexed government bond with six-monthly coupons and four-year maturity. The subscription, as well as in the bank, can be done directly on the Mot platform.
Il The minimum denomination that can be subscribed is 1.000 euros, since these Treasury bills are aimed mainly at small private investors and will be issued by the Treasury not through the traditional auction mechanism, but directly on the Mot platform of Borsa Italiana-London Stock Exchange Group.
The rate real minimum guaranteed for the first subscription of Btp Italia, which will close on March 22, will be communicated on March 16 while the definitive one will be communicated only once the subscription days have ended. A "loyalty bonus" of 4 per thousand gross on the nominal value of the investment is also envisaged for those who purchase the securities upon issue and hold them until maturity.
As with other medium and long-term government bonds, no bank commission is envisaged on subscription, while for early sale or purchase after the issue date, any commissions are those agreed with your bank. Interest tax is 12,5%. Several issues of this title are planned for 2012 and will be communicated on the website of the Ministry of the Economy.
