The second day of placement of the new Btp Italia closed with orders for 1,081 billion. The amount of securities, which will mature in October 2020, adds to the 2,955 billion assigned yesterday, bringing the total to 4,036 billion so far.
Tomorrow the offer will be reserved for retail, except for the possibility of the Treasury to close orders in advance, in any case not before 14 pm. Thursday morning will instead be reserved for institutional investors.
The bond, indexed to Italian inflation, has a minimum rate of 1,15%, guaranteed even in the event of deflation. The definitive coupon will be announced at the end of the placement.
