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Italy govt announces sale of 6-year BTPs from April 14-17

Brings expected total Italy debt sales in 2014 to 450 bln euros

21 March, 15:43
Italy govt announces sale of 6-year BTPs from April 14-17 (ANSA) - Rome, March 21 - Italy announced plans to sell a fresh round of government debt next month, including a new six-year bond.

The inflation-linked BTPs are to be offered to retail investors from April 14 to 16, and then to institutional buyers on April 17. This offering will bring the estimated total bond sales by the euro zone's third-largest economy in 2014 to some 450 billion euros, according to Maria Cannata, director-general of Public Debt of the Italian Finance Ministry.

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