The Ministry of Economy and Finance announces a new issue within the family Btp Value da Monday 2th to Friday 6nd March (until 13 hours), unless there is early closure. This will be communicated by mef in a note. The new title will have a duration of 6 years, increasing coupons in time paid every three months, according to a 2+2+2 year “step-up” mechanism. extra final prize for those who purchase it during the placement days and hold it until maturity it will be equal to 0,8% of the nominal capital invested.
BTP Valore, new issue from March 2nd to 6th
The minimum guaranteed rates for the first 2 years, the following 2 and the last 2 years, together with the ISIN code which identifies the title, will be made known Friday February 27At the end of the placement, the rates thus communicated may only be confirmed or revised upwards, should market conditions require it. As with previous issues, The BTP Valore can be purchased exclusively by small savers through their home banking, if enabled for online trading functions, or by contacting the your contact person at the bank or post office where you have a current account with a securities deposit account.
BTP Value: How it Works
The investment can start from a minimum of 1.000 euros, always having the certainty of seeing the requested amount subscribed. The title is purchased at par and no commissions during placement days, without prejudice to the costs of managing the securities account or online trading requested and agreed with your bank, where applicable. The usual reduced taxation is foreseen for all Treasury bonds. 12,5 % on coupons and extra final premium, exemption from inheritance taxes, as well as exclusion from ISEE calculation up to 50.000 euros invested in government bonds.
The placement will take place on the Motor platform (Electronic market for bonds and government securities of the Italian Stock Exchange) via three dealer banks, Intesa Sanpaolo, Unicredit and Banco Bpm and two co-dealer banks, Monte dei Paschi di Siena Bank and Iccrea Bank.
The official communications on the new issue of the BTP Valore, the FAQs, the information sheet and the Technical Note for operators, the ministry finally reminds, will be made available on Mef website and on Treasury Department website to the Public Debt section.
