Equity Sym will be Banca Ifis' liquidity provider for senior bonds. This is foreseen in an agreement signed between the parties relating to the listing on the secondary market of senior preferred bonds issued by the bank headed by Luciano Colombini. For the quotes, according to the institute's note, financial platforms managed by EURO TLX and BMTF Bloomberg will be used.
In this context, Equita Sim will be a Specialist/liquidity Provider “ensuring a constant presence of quotations, both for purchase and for sale, vis-à-vis institutional and professional investors, thus guaranteeing greater liquidity for listed securities”, explains Banca Ifis.
«The partnership with Equita Sim SpA has the objective of guaranteeing, on an ongoing basis, adequate liquidity for the bond instruments issued by Banca Ifis – explains Saverio Bonavita, head of the Central Capital Markets Department of Banca Ifis -. The funding strategy defined by the Bank envisages greater centrality and priority of the bond instrument, to be achieved by taking into account the evolution of the overall volumes of funding and the market context, while achieving a reduction in the cost of funding».
Meanwhile, in Piazza Affari, the share of Banca Ifis it yields 0,94% of its value, falling to 8,895 euros. Today is a weak day for the Ftse Mib (-0,38%), with the banks taking a breather (Ftse Italia Banche -0,65%) after the rally of the previous sessions.
