Il BTP Italy it never goes out of fashion, indeed. In the morning the orders for the new bond launched today by the Treasury have reached the 4,7 billion euros. Until tomorrow, the placement will be reserved only for retail customers, but, given the amount of requests, it is not excluded that the ministry decides to close the offer early intended for small savers. The stop could come as early as Tuesday at 13. On Thursday, as expected, the new bonds will be offered to professional investors.
The securities issued previously had a four-year maturity, but this time the Treasury has decided to opt for a duration of six years. The Btp Italia, indexed to inflation, can be subscribed to on the Mot through a bank or an online broker (with a minimum denomination of one thousand euros) and offers a minimum real annual coupon to protect against the high cost of living (the last issue was at 2,15%).
Since March 2012, the five previous issues have raised a total of 66 billion euros, guaranteeing a good result for subscribers. In particular, the first three issues (in circulation for more than a year) yielded 5,5%, 7,7% and 6,2% respectively.
