Btp Valore subscriptions exceed 3 billion. Small savers, for whom the bond is intended, have already invested 3.3 billion euros on the bond which offers a coupon of 3.25% in first three years and 4% in remaining three years.
The placement will continue until Friday, unless it closes early. Meanwhile today the Treasury placed Short Term BTPs at auction with a yield of 341%. One billion 5-year indexed Btps (maturing 2029) were also placed with a rate of 1.73%.