Benvenuto sul sito del Ministero dell’Economia e delle Finanze, conosciuto anche come Portale mef
Italian Government

Contenuto principale

- Buyback transaction of Government bonds via Bank of Italy


Press release N° 277 of 12/14/2020

The Ministry of Economy and Finance (MEF) announces that on December 16, 2020, a buyback competitive auction of Government bonds will take place at the Bank of Italy. Only “Specialists in Government Bonds” will be allowed to participate in the buyback auction.
The cash surpluses available on the Treasury Account held by the Italian Treasury at the Bank of Italy will be used for this operation.
Bonds, subject to buyback, will be the following:

Type ISIN code Issue Date Maturity date Coupon
CTZ IT0005371247 29 Apr 2019 29 Jun 2021 ---
BTP IT0004695075 01 Mar 2011 01 Sep 2021 4.75 %
BTP IT0005348443 15 Oct 2018 15 Oct 2021 2.30 %
BTP IT0005216491 03 Oct 2016 01 Nov 2021 0.35 %
CTZ IT0005388928 30 Oct 2019 29 Nov 2021 ---

The Specialists in Government bonds will be allowed to submit up to five offers for each bond that MEF will buyback. Each offer shall be sent to the Bank of Italy through the National Interbank Network, by 11 a.m. of the auction day.
The MEF retains the option to reject offers at prices not deemed favourable given the current market conditions.
The transaction will be settled on December 18, 2020.

Rome 12/14/2020
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