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Banca Imi: new bond in Renminbi

The bond has a duration of 2 years and pays a gross annual fixed coupon of 4,15% – The minimum amount is 10 renminbi, equal to just under 1.500 euros.

Banca Imi: new bond in Renminbi

Since 13 April, a new bond issued by Banca IMI, the investment bank of the Intesa Sanpaolo group, has been listed directly on the MOT market of Borsa Italiana and on EuroTLX. It is a fixed-rate bond in Chinese currency with a minimum amount of 10 thousand Renminbi (equal to just under 1.500 euros). The Chinese Renminbi dual currency fixed rate bond Opera I has a duration of 2 years and pays a gross annual fixed coupon of 4,15%. The settlement of the securities, the coupons and the repayment of the bond will be carried out in euros, applying the exchange rate of the previous day.

Thanks to this issue, Banca Imi expands the offer of collectible bonds listed and tradable on regulated markets, which rise to 51 and which can be used to diversify one's investment portfolio, thanks to the possibility of choosing between different coupon structures and between 12 different currencies. The Banca IMI collection bonds are of the senior type and can be purchased and resold on Borsa Italiana and EuroTLX through your reference bank or via internet or phone banking.

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