Cassa Depositi e Prestiti has decided to close the placement of its new one early retail bonds to six years following strong demand from savers. The offer yes concludes Wednesday 15 November at 13 and no longer Monday 27th. The decision, explains a note, was taken in agreement with Intesa Sanpaolo and Unicredit, as managers of the placement and coordinators of the offer, following the positive trend in demand from savers which led to exceeding the amount maximum offered, previously increased from 1,5 to 2 billion.
Cdp retail bond: 5% yield for three years
The securities will accrue interest according to a mixed rate: fixed of 5% for the first three years and variable, equal to the 3-month Euribor increased by at least 0,9% per year, for the following three. A preferential tax rate of 2029% will be applied to the bonds, maturing in 12,5 and traded on the regulated market of the Italian Stock Exchange. The list of distributors is contained in the definitive conditions relating to the offer, published and available for consultation on the dedicated page of the Cdp website.
