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Press release N° 128 of 09/24/2012

The Ministry of Economy and Finance announces the next issue of BTP Italia, from October the 15th until October the 18th 2012.

During these four days - as the previous issues - investors can purchase the bond, for a minimum lot of €1,000 and no purchase limits, through their banks' desk or at the post office - where they hold their securities account - or directly online through the home banking system, if the trading function is active.

Similarly to the previous issues, the placement of BTP Italia will take place on the MOT, the Borsa Italiana' (London Stock Exchange) screen-based market for securities and government bonds.

The fixed guaranteed minimum rate of return will be communicated close to the day of placement by the Ministry of Economy and Finance.

For more information about the characteristics of the bond and for assistance please go to the following website:


What is BTP Italia?

BTP Italia is the first Italian government security indexed to the Italian inflation rate, with semi-annual coupons and a maturity of four year, conceived principally to meet the needs of retail investors. The new security is a government security that provides investors with the protection against an increase in the level of prices in Italy, with the semi-annual coupons that offer a guaranteed minimum annual real rate linked to the FOI index (Indice dei prezzi al consumo per le famiglie di operai e impiegati, al netto dei tabacchi)

Key Features

  • Maturity: 4 years
  • Guaranteed minimum real rate
  • Semi-annual coupons calculated on the revalued capital
  • Immediate inflation hedge through principal revaluation paid every six months
  • Nominal principal guaranteed at maturity, even in case of deflation
  • Final bonus for physical persons that purchase the bond at issuance and hold it until maturity