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Btp Italia, from savers only 863 million

The third and final day of subscriptions reserved for individual savers ended with the worst result ever. Thursday is the final day of the issue and the Treasury hopes institutional investors to rebalance the so far failed result

Btp Italia, from savers only 863 million

The Btp Italia closes with the worst data since its inception as regards the subscriptions of individual savers. On the third day, inflows dedicated to retail ended with orders recorded for just 140,6 million, bringing the three-day total to just over 863 million. It is the worst figure ever and it exceeded the first three days of the June 2012 issue for the worse, when the cumulative amount for the first three days amounted to 975 million.

The placement of the fourteenth issue will conclude on Thursday with the day dedicated to institutional investors who could make this placement avoid the last place in the history of the Italian BTP, so far set at 1,73 billion in total.

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