Announced on Monday afternoon, the 30-year BTP maturing in 2047 launched this morning by the Treasury has so far collected over 23 billion orders. The yield on the new Italian thirty-year March 7 launched this morning by the Treasury, via syndicate, was set at 2046 basis points above that of the September 2047 BTP – reports Reuters. The final size of the issue should be between 6 and 8 billion.
The current September 2046 benchmark, around 12,30 on the TradeWeb platform, pays 2,672% from 2,663% at yesterday's close. In Monday's session, Buono September 2046 had already left about one and a half points on the field.
The closing of the book was scheduled for 12,15.
