Btp Value 6 May 2024: minimum guaranteed rate between 3,35% and 3,90%. Here are all the features
Here is the new placement of the BTP Valore 6 May 2024 for small savers with increasing coupons: it will take place from 6 to 10 May
BTP indexed to inflation: European record demand at 41 billion. That's why it's the highest demand ever
Italian BTPs enjoy the interest of investors and the Treasury continues to break collection records. About a third of the collection needs for 2024 have already been put into the farm
Eni completes the buyback: now the Treasury could sell a 3-4% stake. Here because
Eni closed the 2,2 billion euro buyback program early. The board of directors also approved the 2023 budget with the definitive data which confirmed the preliminary balance sheet from February. Capital Market Day later today…
Btp Valore, third issue from 26 February: duration, coupons, loyalty bonus. Here are all the features
The third issue of the BTP Valore brings with it something new: the duration is lengthened due to the drop in interest rates. Here's everything you need to know
Tim, Vivendì seeks assistance from the EU: in a letter he asks to verify the role of the Treasury
The French media company raises doubts about the involvement of the Mef in the plan to acquire the network activities of the former telephone monopoly. The hypothesis put forward: it may not have been detected correctly or minimized
Capital bill at the crossroads: approve it immediately or correct it? Assonime and OECD conference
The speakers at the conference on corporate governance organized at Palazzo Mezzanotte in Milan resumed the debate on the bill
Tim network, green light from golden power to sell Netco to Kkr
Note from the company before the opening of the markets: the commitments made suitable to guarantee strategic interests.
Btp Valore closes the second issue above 17 billion, just below the June record: rates confirmed
A result not far from the just over 18 billion that set a record in the first edition, that of June. The average investment cut was just under 27.000 euros
Privatizations, Monte dei Paschi at the top of the list: the Treasury wants to sell part of its 64% to raise cash
After announcing the investment in Tim, the hypotheses of the State entering strategic areas are gaining strength. The list also includes ports, healthcare, transport
Stock exchanges today 9 August: the Treasury tries to limit the damage of the extra tax on the banks that are trying to rebound today
"The tax on bank extra profits "cannot exceed 0,1% of assets" for a maximum of 3,95 billion with a levy of 8% per share - Giavazzi sul Corsera: "The government's own goal risks the stop to the purchase of government bonds"
Esm, the Treasury tries to reverse: "It can improve the assessment of the debt"
In a document sent to the Foreign Affairs Commission, the Ministry of the Economy openly denies the Government and promotes the ratification of the Mes.
Btp value, here are the minimum coupons and Isin code: all the information on the issue starting on June 5th
The Treasury has released the latest information needed in view of the June 5-9 issue - Here's everything you need to know about the bond dedicated to small savers
Stock markets today 23 May: the Italian Treasury fills up after the coupon detachment and the markets are waiting for an agreement on US debt
A new issue of a 15-year Btpei from the Italian Treasury arrives and Dbrs promotes Italy - Profit taking on gold
Fixed income: the season of good fruits will last 18 months. Opportunities with the 10-year BTP. Expected Enel retail bond
Yields are attractive again, the curve is sloping again: it's time for fixed income which is offering good opportunities. The Treasury churns out a wide range of securities for retail. We talk about it with Angelo Drusiani of Ersel Wealth…
Btp Italia, new issue from 6 to 9 March: the security will expire in 2028
The new BTP Italia will have a duration of 5 years and will offer the usual loyalty bonus of 8 per thousand to those who buy it at auction and keep it in their portfolio until maturity. Here are the details
Ita Airways, Lufthansa will buy between 20 and 40% for 250-300 million
According to reliable sources, Lufthansa "will buy 40% of Ita for an outlay of between 250 and 300 million euros". Probable signing within the summer
Appointments, spoils system at the Treasury and Foreign Affairs: Barbieri new General Manager of the Mef and Guariglia at the Farnesina
Turnaround for two ultra-poltrons decided by the Council of Ministers: the spoil system practiced by the Meloni government causes the revolution at the Treasury and at the Farnesina
Amco will buy 7,5 billion credits by 2025: these are the objectives of the new three-year plan
The Treasury subsidiary specializing in the management of non-performing loans aims to maintain a balanced composition between non-performing loans and UTPs by purchasing new portfolios for the next three years. The Glam project on secured credits aims at 11,1 billion
BTP Italia ok: over 8 billion orders from retail and today it's up to institutional investors
Today opens the phase dedicated to institutional investors for Btp Italia, the Treasury bill expiring in 2028 indexed on inflation. The Treasury will communicate the final real annual coupon rate at the start of the placement
Btp Italia: minimum guaranteed rate set at 1,6% for new issue starting on Monday. Inflation bet
The minimum return offered, while in line with the market, must be compared with inflation expectations over the six-year term of the new bond
Mps, strong leap on the stock market (+10%) in view of the definitive yes of Anima, Axa and the banks to the capital increase
The 10% leap on the Stock Exchange of the Monte dei Paschi share suggests that the square of the capital increase is approaching due to the new availability of Anima, Axa and the banks of the consortium.
Ita, here are the offers from Msc-Lufthansa and Certares-Air France-Delta: the Treasury will soon choose who to deal with
A memorandum could be signed by September with the consortium preferred by the MEF, but it would not be binding: the final word will be up to the next government
Anti-evasion algorithm: how the new fiscal weapon works and how it protects the privacy of taxpayers
Minister Franco has signed the decree which will allow cross-referencing of data from the tax register after making them anonymous - Human intervention is always guaranteed
Pnrr, Ministry of Economy: "First semester targets achieved for new tranche of 24 billion aid"
Italy has achieved the 45 objectives established by the Pnrr for the first half of 2022: thus unlocking 11,5 billion in grants and 12,6 billion in loans
Btp Italy 2022: total deposits at 9,4 billion, definitive annual rate at 1,6%
The placement reserved for institutional investors raised 2,179 billion euros, which add up to the 7,24 billion sold to retail customers
Btp Italia 2022: 3,4 billion raised on the first day, a good result but lower than that of 2020
In May 2020, the first day of placement closed with funding exceeding 4 billion euro - Today and tomorrow still dedicated to the retail market
Btp Italia, new issue at the start: guaranteed minimum rate of 1,6% to be added to the recovery of inflation
However, it is a provisional indication: Thursday morning the MEF will announce the definitive interest rate of the BTP Italia, which may be equal to or higher than that already communicated
Btp Italia against inflation: on 20 June a Treasury bond with a double premium and long maturity
To protect savings from inflation, the Treasury is preparing to launch a new long-term Btp Italia with double premium on 20 June
Ita Airways: for privatization there is a three-way tender between MSC-Lufthansa (the favourites), Indigo Partners and Certares
The goal of the Ministry of Economy is to sign a preliminary agreement between June 13 and 17, to then conclude the deal by December
Mps reversal: the Board unanimously torpedoes the CEO Bastianini who will be replaced by Lovaglio
The MPS board withdraws the powers of the CEO wanted by the M5s and replaces him with a manager who has the trust of the Treasury in view of the new negotiations with the EU
Mps: Unicredit evaluates up to 7 thousand redundancies
At the forefront are the current 15 employees at the Monte branches, who should be reduced by about a third - We are moving towards the refinancing of the redundancy fund
Afghanistan, the Taliban's treasure is in America and remains frozen there
The Taliban have got their hands on Kabul but not on their treasury deposited at the Federal Reserve in Washington and in other American banks: these are bonds, jewels, gold bars and precious objects for a…
Unicredit-Mps, the Treasury will remain as a minority shareholder at 3-5%
If the merger negotiations are successful, the Treasury should have a stake between 3 and 5% of the new Unicredit-Mps bank, but without voting rights - About 150 Mps branches, mainly in the South, which…
Unicredit-Mps at the Piazza Affari test
Orcel's wing sweep on the stock exchange - In the US Amazon slows down while Asia closes the worst month since March
Italian GDP 2021 beyond estimates: recovery stronger than expected
Government and Confindustria believe it: the Economy Minister announces an upward revision, while the number one of the industrialists says he is confident in the possibility of "a small economic miracle" that will bring the 2021 GDP to +5%
Btp auction: the Treasury fills up, but rates rise
Treasury bills placed for €7,25 billion, the entire amount offered - Yields rising on both 5-year and 10-year maturities
Btp Futura: the third issue collects 5,48 billion
The result is slightly lower than those of the first two placements, but the new securities have a longer maturity and a double loyalty bonus is envisaged
The banks overwhelm the stock exchanges
Requests for Btp Futura exceed the offer after only two days and it is possible that the placement will be closed earlier than expected - Banks and Stock Exchanges and Piazza Affari are among the worst
Btp Futura, issue on April 16: all the details from the Mef
The Treasury has published the information sheet and the technical note of the new BTP Futura, reserved for retail investors - The third issue will be launched on April 19
Btp at 50, demand boom. Bags reassured by the EMA
Investor demand exceeding 100 billion for the 50-year BTP and the 7-year one offered by the Italian Treasury - EMA's verdict on Astrazeneca reassures the markets - Waiting for the Fed's minutes - At…
Btp Futura from 19 April with double loyalty bonus
The placement will last until April 23, but early closing is possible from the 21st - There are some changes compared to the first two issues
HAPPENED TODAY – Treasury-Bank of Italy divorce: 40 years ago Andreatta wrote to Ciampi
On 12 February 1981, the Minister of the Treasury wrote to the Governor to anticipate one of the most important turning points in Italian economic history in the second half of the twentieth century
Mps: the plan leaves the door open to mergers
The new strategic plan approved yesterday by Monte dei Paschi is formally stand-alone but in reality does not exclude mergers, as wanted by the president Patrizia Grieco in harmony with the Mef and with the advice of the advisor Mediobanca
Unicredit: Mustier, alliances and strategy remain in the balance
Yesterday's extraordinary meeting of the Unicredit Board of Directors was updated in the middle of the week: the re-nomination or otherwise of CEO Mustier, the Mps operation and the entire strategy of the bank in Piazza Gae Aulenti are at stake - The stock falls into…
Yellen, true Keynesian: fight against unemployment first of all
Janet Yellen, formerly the first woman to head the Fed, is preparing to become the first woman in history to head the US Treasury - "When unemployment is exceptionally high and inflation at historically low levels, the economy needs…
Usa, dove Yellen in the Treasury will push aid and SMEs
The arrival of three available vaccines and the new physiognomy of the Biden administration push the markets that smell the honeymoon. We are moving towards a monetary policy concerted with the big ones, to the benefit of Europe. New taxes? Georgia will be the Aug…
Biden chooses Yellen (ex Fed) for the US Treasury
The future US president completes his team by choosing former Fed chair Janet Yellen for the coveted Treasury seat - Meanwhile, Trump says yes to the transition
Btp Futura, new issue: 13 questions and answers
A new placement of Btp Futura begins on Monday 9 November, the proceeds of which will be used to finance expenses due to the pandemic - Here's what you need to know before investing
Mps prepares the capital increase with the Treasury
The red in the third quarter brings the loss from the beginning of the year to 1,5 billion - Provisions for legal risks and write-downs on NPLs weigh - The second public capital increase should be around 2 billion…
Mps towards privatization: decree signed
This was revealed by Reuters according to which Premier Conte signed the decree authorizing the spin-off of 8,1 billion in non-performing loans - Title in red
The Treasury sells 300 properties. Auction base 120 million
Buyers can also be private citizens - The properties for sale are intended for different uses and are located in 19 Italian cities
Mps in the spotlight, major maneuvers on banks
The launch of the Sienese institute's bad bank is a key operation in the risk of the banking system in full swing - From the Brescia meeting on Ubi to Del Vecchio's pressure on Mediobanca, here are moves and countermoves on the big finance scene…
Btp Futura 2020, upcoming issue: guide in 5 points
Intended for the retail public only, the new 10-year issue includes fixed rates that increase over time, six-monthly coupons and a loyalty bonus - The goal is to finance post-Covid reconstruction measures
The Treasury launches Btp Futura to finance the Covid emergency
After the success of Btp Italia, the Treasury launches a new bond reserved for retail to cover expenses related to the Coronavirus - Meanwhile, the banks are running and keeping the stock market afloat.
Btp Italia breaks all records: the State collects 22,3 billion
Small savers have invested almost 14 billion in the new Btp Italia 2025, while institutional investors have bought more than 8 - For the first time, the placement had a declared objective: to fight the consequences of the coronavirus
Btp Italia quotation: 3 news for the 2020 issue
The Treasury has not set any limit on the amount of the 2020 issue which kicks off on Monday 18 May: on the contrary, to attract savers it has doubled the loyalty bonus - To find your way around the rates, here are the yields of each quotation of…
Btp Italia May 2020: guide to the new issue
The new issue of Btp Italia will last three days for the retail public, but this time without the possibility of early closure of the auctions - The proceeds will be used to deal with the coronavirus emergency
From Bank of Italy to the State comes 8,9 billion
Thanks to the profit achieved in 2019 by via Nazionale - In the meeting, Governor Visco reiterates the alarm for the virus: "Broad and profound impact on the economy".
Public appointments, for Poste Italiane and Mps postponement in sight
The health emergency postpones the presentation of the lists of candidates to lead public companies and the related meetings, starting with MPS and Poste Italiane
Public nominations: 506 seats up for grabs, lists soon
According to an analysis by the Centro Studi CoMar, there are 76 companies controlled by the Treasury that in the coming months must renew their corporate bodies - The lists of candidates soon: Thursday that of Mps - Here are all the numbers
Cash, how the "ceiling" works: 7 rules of the Treasury
The Ministry of Economy has published a handbook on the use of cash to clarify old and new rules: here are the most important ones
Dollar bond: the issue is a success
The Ministry of Economy and Finance has announced the results of the placement of 5, 10 and 30 year bonds
Treasury: first dollar bond after 9 years
Ministry may launch new dollar-denominated multi-tranche issue - Latest Via XX Settembre bonds in greenbacks dated September 2010
Alitalia: the agreement is approaching, but the money is scarce
A capital allocation scheme has been drafted, but the overall financial envelope risks being very low for an airline - the Treasury asks Delta for more effort
Tari declaration: the deadline does not slip as for Imu and Tasi
The Ministry of Economy has clarified that the modification of the deadlines for submitting the declaration concerns only the Imu and the Tasi and not also the Tari: here are the dates to mark on the calendar
Alitalia, 4 expressions of interest but the game is not over yet
Atlantia, Toto, Lotito and the South American company Avianca have said they are available to participate in the capital increase and the Alitalia relaunch plan but the game is far from over.
Mps "evaluate aggregations": title to the rescue
Mps Assembly, CEO Morelli lets it be known that the board is evaluating "scenarios on dimensional aggregations or diversifications", but the Treasury will decide - A profound revision of the business model is possible - The bank will decide whether to challenge the agreement with Nomura on…
Open letter from economists to Tria: hands off the technicians
Appeal to the number one of the Treasury to protect the independence of state technicians threatened with purge by the majority parties, starting with the governor of Bank of Italy, the president of INPS and MEF technicians - The list of signatories of the appeal - …
Farewell to De Ioanna, civil servant and master of public accounts
Paolo De Ioanna, incomparable civil servant and great public finance expert, has died - He had been the right-hand man of prime ministers and treasury ministers
Dormant accounts: in November the state takes everything
In less than three months, the first statute of limitations will come into effect, the one relating to the sums transferred to the Dormant Relationship Fund in November 2008 - Anyone who does not claim the sums to which they are entitled by 31 October will lose everything
Appointments: Tria locks the Treasury, Di Maio and Salvini are arguing about Rai
The Finance Minister does not make concessions on the three key figures of his ministry and confirms Franco in the Accounting Department - The game now moves to Rai, in view of Friday's assembly - Whirlwind of names in the race: there are three…
Mps: Treasury approves Gacs on senior securitization tranche
The tranche which has a nominal value of 2.918 million - The deconsolidation of the non-performing loans from the Rocca Salimbeni balance sheet took place within the last month of June
Derivatives: Corte Conti absolves former ministers and heads of the Treasury
The Attorney General asked for compensation of 3,9 billion: Maria Cannata, the former general manager Vincenzo La Via and the former ministers Domenico Siniscalco and Vittorio Grilli acquitted - The contracts were deemed legitimate and, at the same time, unquestionable by the…
Appointments, No to a Treasury Director who jokes with the euro and debt
In application of the spoil system, the Minister of Economy Tria will have to make about 200 public appointments but the most delicate is that of the new Director General of the Treasury who will have to manage the shareholdings of the Mef and the public debt: it would be…
Tria, euro and debt: what the new Treasury minister thinks
In an exclusive article published on FIRSTonline on 6 March 2017, the new Treasury minister illustrated his thoughts on the euro, public debt and investments for a new economic policy
Government and public debt, how far away is the "Minsky moment"?
When the Minister of Economy is chosen, the new government, which seems to be oriented towards an economic policy based on deficit spending, cannot help but wonder up to what point in the growth of the Italian debt savers will give confidence…
Piazza Affari awaits the new Minister of the Treasury
The markets are waiting to know the name of the new Treasury minister who can guide the economic policy of the Conte government while the ECB prepares to extend the Qe and the Fed to raise the…
BTp Italia: minimum rate at 0,55%, extra cost of 92 million
The funding of 8-year Italian BTPs, which raised 7,7 billion, ended with a result that the Treasury defined as "satisfactory".
Public appointments: the Lega and Cinque Stelle banquet
In the ongoing negotiations between the League and the Five Stars, a prominent place has the division of public appointments awaiting renewals: at stake are the top management of 38 companies directly controlled by the Treasury with the CDP in the forefront,…
Furniture bonus 2018: the new guide to the deduction on furniture
What is the tax relief on the purchase of furniture and how does it work? A new campaign by the Treasury in collaboration with Federmobili, FederlegnoArredo and the National Caf Consultation explains it - Read also the information sheet and the PDF guide by the Agency…
New government: mini-maneuver and 20 billion to find
The new government will have to address public finance issues immediately and present the new Economic and Financial Document. The correction on 2018 and the objectives for 2019: there you will see the concrete choices and how they will be set…
Mps, today the assembly is looking for a new president
The shareholders' meeting of the Sienese bank held today must elect the new president in place of Alessandro Falciai: the chosen one is Stefania Bariatti - The reconfirmation of the CEO Marco Morelli is sure
Mps: Falciai renounces the new mandate. Assembly on Monday
At the end of November, the Treasury presented the majority list, confirming the ticket with Alessandro Falciai as president and Marco Morelli CEO. Falciai took a surprise step back in the evening, being investigated for accounting bungles in…
Banks, Commission: Casini curries the CEO of the Treasury, La Via
The Director General of the Treasury under fire by the parliamentary commission of inquiry into banks: too reticent on the Monte dei Paschi crisis and President Casini rebukes him
Councilor of the Treasury, she sold the government's fiscal secrets
He allegedly collected 220 thousand euros from the company he previously worked for, Ernst & Young, to reveal confidential information on the tax rules discussed by the Government
Tari 2017 inflated: here's how to ask for a refund
The Ministry of the Economy confirms that many municipalities have made a mistake in calculating the waste tax - Those who have paid too much can appeal, but pay attention to times and procedures.
Btp Italia: maxi success for the 12th issue, all the details
After the three days of placement dedicated to retail, this morning, from 9 to 11, it was the turn of the institutional ones. Requests far beyond the offer arrived in just two hours - Closing at 7,1 billion euros, three times more than…
Eni and Enav to CDP: the Treasury kicks off the operation
The ministry has formalized with a letter to Cassa Depositi to proceed with the purchase of 50% of Enav and 3% of Eni - The potential value for the state coffers is 2,8 billion.
Eni, half Treasury stake to CDP
The Treasury is considering transferring half of its stake (4,34%) in Eni to Cassa depositi e prestiti to obtain around one billion euros which would add to the billion obtainable from the sale of Enav also to the CDP
10-year Btp auction, yield down: 1,86%
Good demand and falling yields for Treasury Btp and CcTeu auctions. For the ten-year yield down by 33 cents on the previous auction. Allocated 2,5 billion
Btp 3 years, assigned 4 billion
The request exceeded 6,4 billion. The yield rose by 10 cents to 0,15%.
Bots assigned 6 billion, rates declining
The 12-month bonds have gathered a demand equal to almost double the supply
Mps: the news on the return to the Stock Exchange, the statute and the Board of Directors
The prospectus has arrived at Consob and Montepaschi's return to the Stock Exchange is expected between 16 and 19 October - The Treasury is working on the new Statute, while Generali and the funds prepare lists of…
Spesometro 2017 towards new extension to 16 October
The goal is to meet professionals who have encountered many difficulties in recent weeks mainly due to technical problems on the online revenue platform
Privatizations: CDP towards 51% of Enav
The operation, to be completed within the year, would bring about 1,1 billion to the Treasury - the MEF is also evaluating small interventions on real estate assets
Auction Bot, rates at new historic low
The yield on semi-annual bonds at auction fell to -0,382 percent - Demand more than double the supply of 6 billion.
Eni and Enel towards Cdp: the news of the Def
The update note of the Def approved by the Government on Saturday foresees receipts of 3,5 billion euros in 2017 for the Treasury deriving from privatizations in order to reduce public debt: this suggests that the Government thinks of…
Treasury raises GDP estimates to +1,4-1,5%
(Radiocor) After the latest Istat data, the Ministry of Economy sees 2017 GDP accelerating to +1,4/+1,5% compared to +1,1% in April. This was reported by a government source in view of the Update Note to the Def, with which the executive will review…
Treasury superholding in sight of a breakthrough on privatizations and public debt
The Ministry of the Economy (Mef) is studying, with the help of the major investment banks and with the key role of Cassa depositi e prestiti, the establishment of a superholding of all its main shareholdings to sell them in part (but not…
Mps loses 3,1 billion in 6 months but now there is the state
Monte dei Paschi is also in the red in the first six months of the year due to the strong devaluations for previous losses - But the entry into the capital as majority shareholder opens a new chapter in the history of the oldest bank…