A new "special issue" of the BTP Valore is arriving from 6 to 10 May. This was announced by the Ministry of Economy and Finance according to which it will be a 6-year bond with coupons every three months with pre-established and increasing returns. The final extra premium will be equal to 0.8% per kilo purchased during the placement days and held until expiry.
The investment can start from a minimum of 1,000 euros, "always having the certainty of having the requested amount subscribed". The security is purchased at par (price equal to 100) and without commissions during the placement days.
"This special issue, underlines the ministry, offers the opportunity to invest in a highly successful instrument such as the Btp Valore, both to those who have not yet had the opportunity to subscribe to it in the previous placement, and to all the small savers and similar to whom it is dedicated".
The minimum rates guaranteed in the first three years and in the following three years, together with the ISIN code that identifies the security, will be communicated on Friday 3 May.
As with previous issues, the BTP Valore can be purchased exclusively by small savers through their home banking, if enabled for online trading functions, or by contacting their contact person at the bank or at the post office where they have a current account with the securities deposit account.
The usual preferential taxation for all government bonds is expected at 12.5% on coupons and loyalty bonus, the exemption from inheritance taxes, as well as - as provided for by the budget law for 2024 - the exclusion from the ISEE calculation of up to 50,000 euro, upon completion of the implementation process of the measure.
Subscribers, as always, will be able to sell all or part of the security before its maturity, without constraints and at market conditions.