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The Btp Valore starts off strong, already purchases for a billion - Last hour

2024-02-26T10:44:32.152Z

Highlights: The Btp Valore starts off strong, already purchases for a billion - Last hour. First billion euros of subscriptions for the BTP Valore, the government bond intended for small savers whose placement opens today. The bond, which has a duration of six years, offers a coupon of 3.25% in the first three years and 4% inThe 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 early closure.


First billion euros of subscriptions for the BTP Valore, the government bond intended for small savers whose placement opens today. (HANDLE)


First billion euros of subscriptions for the BTP Valore, the government bond intended for small savers whose placement opens today.

The bond, which 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 early closure.


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