The Ministry of Economy and Finance announces the following bonds’ issuance that will be carried out on January the 21st 2021 through the electronic trading system. Only Specialists in Government bonds are allowed to participate.
The offered bonds will be:
| Type | BTP | BTP | BTP |
|---|---|---|---|
| ISIN code | IT0005210650 | IT0005340929 | IT0005383309 |
| Tranche | 15 | 16 | 17 |
| Issue date | August 01, 2016 | August 01, 2018 | September 01, 2019 |
| Maturity date | December 01, 2026 | December 01, 2028 | April 01, 2030 |
| Coupon | 1.25% | 2.80% | 1.35% |
| Coupon payment date | June 01, 2021 | June 01, 2021 | April 01, 2021 |
| Amount Max offered (mln €) | 1,500 | ||
| Accrued coupon days | 55 | 55 | 116 |
The allotment of the issued bonds will take place at the price offered by each operator and accepted by the MEF.
The issued amount will be set excluding all the bids submitted at prices deemed not to be convenient given market conditions.
The Tap issuance will start at 12:30 pm and finish no later than 13:30 pm (CET).
Therefore Specialists are allowed to insert their bids within the terms defined above, through the electronic trading system, MTS spa – TRS section, with the usual conventions adopted on the market and well known by the market participants.
No placement fee will be paid for the transaction.
The transaction will be settled on January 25, 2021.