BTP Italia retail orders hit €6B on final day of first phase
Press Hub UCapital
Share:
Retail demand for the new BTP Italia reached €6 billion by midday on May 29, the last day of the initial placement phase dedicated to individual investors. The latest tally includes €750 million collected today, €2.14 billion on Wednesday, and €3.14 billion on Tuesday.
The 7-year inflation-linked bond, maturing on June 4, 2032, offers a 1% loyalty bonus to those holding it to maturity. The second placement phase, reserved for institutional investors, will take place on May 30.
The minimum guaranteed annual coupon is 1.85%, with the final rate to be confirmed on May 30. The bond benefits from a 12.5% tax rate, inheritance tax exemption, and exclusion from ISEE up to €50,000 in holdings.
Subscriptions are available via home banking, bank branches, or post offices through the MOT platform. The ISIN for the retail phase is IT0005648248.
The 7-year inflation-linked bond, maturing on June 4, 2032, offers a 1% loyalty bonus to those holding it to maturity. The second placement phase, reserved for institutional investors, will take place on May 30.
The minimum guaranteed annual coupon is 1.85%, with the final rate to be confirmed on May 30. The bond benefits from a 12.5% tax rate, inheritance tax exemption, and exclusion from ISEE up to €50,000 in holdings.
Subscriptions are available via home banking, bank branches, or post offices through the MOT platform. The ISIN for the retail phase is IT0005648248.