The third edition of Btp Valore is progressing well.
The issue is over 5 billion and already exceeds the value of the first day of the October edition which closed at 4.76 billion.
The government bond intended for small savers, for which 174 thousand contracts have been signed so far, has a duration of six years, offers a coupon of 3.25% in the first three years and 4% in the remaining three, with a premium of 0.7% for those who hold it to maturity which brings the average annual return to 3.74%.
The placement will continue until 1pm on Friday, unless it closes early.
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