A guaranteed minimum coupon rate of 3.25% for the first, second and third years, which rises to 4% for the fourth, fifth and sixth years.
It is the series of rates for the third issue of the BTP Valore, which will take place from Monday 26 February to Friday 1 March (until 1.00 pm), unless early closure.
This was communicated by the Ministry of Economy and Finance.
At the end of the placement - specifies the Mef - the definitive coupon rates will be announced which may be confirmed or revised upwards, based on the market conditions on the closing day of the issue.
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