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Mps: 2 bonds of 7 billion guaranteed by the state

The bonds will be sold on the market or used as collateral to guarantee financing operations during 2017.

Banca Monte dei Paschi announced that yesterday it had carried out two issues of government-backed securities for a total amount of 7 billion euro. The bonds are divided as follows:

a) maturity 20/1/2018, coupon 0,5%, nominal value Eur 3 bn. (ISIN: IT0005240491);

b) maturity 25/1/2020, coupon 0,75%, nominal value Eur 4 bn. (ISIN: IT0005240509).

The bonds, backed by a government guarantee, were fully subscribed by the issuer and will be sold on the market or used as collateral to guarantee financing operations during 2017.

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