The Ministry of Economy and Finance (MEF) announces that on February 16, 2022, a buyback competitive transaction of Government bonds will be held via electronic trading system. Only “Specialists in Government bonds” will be allowed to participate in the buyback operation.
The cash surplus available on the Treasury Account held by the Italian Treasury at the Bank of Italy will be used for the this operation.
Bonds, subject to buyback, will be the following:
|Type||ISIN code||Issue Date||Maturity date||Coupon|
|BTP||IT0005135840||15 Sep 2015||15 Sep 2022||1.45 %|
|CTZ||IT0005422487||28 Sep 2020||28 Sep 2022||---|
|BTP||IT0004848831||01 May 2012||01 Nov 2022||5.50 %|
|CCTeu||IT0005137614||15 Jun 2015||15 Dec 2022||---|
The buyback transaction will take place from 10 a.m. and finish no later than 11 a.m. of the same day. The Specialists in Government bonds shall present bids with the nominal amount and the prices offered for the each bond that MEF will buyback.
The MEF retains the option to reject offers at prices not deemed favourable given the current market conditions.
The transaction will be settled on February 18, 2022.