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

Contenuto principale

- BTP Valore: closed at above 18 billion euros. Third issuance concluded

Coupon rates confirmed at 3.25% for the 1st, 2nd and 3rd year and 4% for the 4th, 5th and 6th year

Press release N° 30 of 03/01/2024

The Ministry of Economy and Finance announces that today ended, with 18,316.424 million euros, the placement of the third issuance of the BTP Valore, that started on the 26th of February.

This is the highest result ever recorded in terms of amount subscribed, but also in terms of contracts concluded, 656,369, in a single issuance of government bonds dedicated to retail investors, to whom the BTP Valore is exclusively dedicated.

The definitive annual coupon rates communicated on the last 23rd of February are confirmed:

  • 3.25% for the 1st, 2nd and 3rd year;
  • 4% for the 4th, 5th and 6th year.

The amount issued coincides with the total turnover of valid purchase contracts concluded at par on the MOT (the Borsa Italiana’s screen-based market for securities and government bonds) during the placement period through the two dealers Intesa Sanpaolo S.p.A. and Unicredit S.p.A., also supported by the two co-dealers, Banca Akros S.p.A. and Banca Monte dei Paschi di Siena S.p.A.

The bond has first accrual date as of the 5th of March 2024 and maturity date as of the 5th ;of March 2030. Investors that will hold the bond until the final maturity of 6 years will be entitled to receive also the extra final bonus equal to 0.7% of the invested capital.

The information contained herein is not for publication or distribution, directly or indirectly, in or into the United States of America. The materials do not constitute an offer of securities for sale in the United States. The securities discussed herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “US Securities Act”) and the securities may not be offered or sold in the United States of America absent registration or an exemption from registration as provided in the U.S. Securities Act, and the rules and regulations thereunder. No public offering of securities is being or will be made in the United States of America. Accordingly, the securities are being offered, sold or delivered only to persons outside the United States in offshore transactions in reliance on Regulation S under the US Securities Act.
Rome 03/01/2024
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