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Treasury: orders at 13 billion for new 30-year Btp

It is the first time since September 2009 that the Treasury has returned to this extra-long maturity by launching the new 30-year benchmark

Approximately 13 billion euro of total orders with books already closed and a final issue amount of 6 billion euro. These are the numbers, communicated by Radiocor, of the success of the new 30-year BTP launched today by the Treasury.

The Treasury will price the stock close to the closing of the Stock Exchange and the yield should be around 5%. The placement is entrusted to a syndicate of banks made up of UBS, Citigroup, BNP Paribas, UniCredit and Deutsche Bank. It is the first time, since September 2009, that the Treasury has returned to this extra-long maturity by launching the new 30-year benchmark.

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