The placement of the first retail bond of Cassa Depositi e Prestiti it closed with a super demand of around 4 billion, equal to four times the offer, and the assignments to the applicants will go to the proportional allotment, equal to an average of 40%. A note from the CDP indicates this. Last week the company controlled by the Treasury issued a seven-year mixed-rate bond for 1 billion. In the face of copious demand, the amount was raised to 1,5 billion and the placement was closed after just five days.
Each applicant, around 70 savers residing in Italy, will be assigned a minimum lot of 1.000 euros. The settlement of the issue is expected on March 20th. "The success of the placement testifies to the trust of savers in Cassa depositi e prestiti" he comments in the note the CEO Giovanni Gorno Tempini. "Furthermore, it represents an opportunity for Italians to contribute to the growth of their country, providing CDP with an additional source of funding to support the increasingly important tasks it is called upon to perform".
