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

 07/15/2024

Press release N° 88 of 07/15/2024

The Ministry of Economy and Finance (MEF) announces that on July 17, 2024, 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 for a maximum amount of 4,000 million Euro.
The resources available on the Government bonds Sinking Fund will be used for this operation.
Bonds, subject to buyback, will be the following:

Type ISIN code Issue Date Maturity date Coupon
BTP IT0005045270(*) 01 Sep 2014 01 Dec 2024 2.50 %
BTP Italia IT0005410912 26 May 2020 26 May 2025 1.40 %
BTP IT0005090318(*) 02 Mar 2015 01 Jun 2025 1.50 %
BTP IT0005493298 19 Apr 2022 15 Aug 2025 1.20 %
BTP IT0005419848 01 Aug 2020 01 Feb 2026 0.50 %
(*)The security has at least one tranche issued "ad hoc" for REPO operations.

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 July 19, 2024.

Rome 07/15/2024
IT
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