All ready for the Btp Value. In view of the issue which will start on Monday 5 June, the Treasury has completed the preparatory process, announcing the minimum guaranteed coupon rates.
Btp Valore: here are the minimum coupons
Le minimum coupons of the Btp Valore they will be equal to 3,25% in the first two years, to then rise to 4% in the third and fourth years.
“At the end of the placement i will be announced definitive coupon rates which may be confirmed or revised, but only upwards, based on the market conditions on the closing day of the issue", let Mef know.
We also remind you that at the end of the four years, retail investors who will keep the stock in their portfolio for the entire period will also receive an loyalty bonus equal to 0,5% of the invested capital. Compared to the traditional BTP with the same maturity, which currently yields around 3,47%, the advantage is therefore clear.
Btp Value, all the information
The first issue of the Btp Valore will start Monday 5 June and it will end Friday June 9, except for early closure (which in any case cannot take place before 7 June). The title will have a duration of four years and, as mentioned, a loyalty bonus of 0,5% is envisaged for savers who will hold it until maturity.
Il ISIN code of the title during the placement period is IT0005547390.
The issue is reserved for individual investors and, as per tradition in these cases, the title will come placed at par (100), that is, at the same price to which it will be repaid at maturity. The placement does not envisage allotments or caps on the investment, which can start from a minimum of 1.000 euros. To the subscribers nno fees will be applied for purchases made on placement days, while the usual will continue to be applied to the return on the security tax rate of 12,5% and the exemption from inheritance taxes as for the other Multi-year Treasury Bills.
