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Treasury launches 15-year syndicated BTP, demand for 76 billion - News

2024-01-31T15:01:08.940Z

Highlights: Treasury launches 15-year syndicated BTP, demand for 76 billion. The bond's yield was set at 11 basis points on the BTP rate on 1 March 2038, against initial indications of a yield of around 13 basis points. The new BTP will have a size of 10 billion and will expire on 1 October 2039. The placement was handled by a syndicate of banks made up of Barclays, BNP Paribas, Citibank, Intesa Sanpaolo (IMI Cib) and Morgan Stanley.


The Treasury today launched a new 15-year BTP expiring on 1 October 2039, placed through syndication with institutional investors. Overall demand exceeded 76 billion euros. (HANDLE)


The Treasury today launched a new 15-year BTP expiring on 1 October 2039, placed through syndication with institutional investors.

Overall demand exceeded 76 billion euros.

The bond's yield was set at 11 basis points on the BTP rate on 1 March 2038, against initial indications of a yield of around 13 basis points.

The new BTP will have a size of 10 billion.

The placement was handled by a syndicate of banks made up of Barclays, BNP Paribas, Citibank, Intesa Sanpaolo (IMI Cib) and Morgan Stanley. 


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