Sections

Second-worse BTP Italia bond sale ever

Just 2.16 bn worth sold

Redazione Ansa

(ANSA) - Rome, November 22 - Italy has registered the second-worst sale ever of the index-linked BTP Italia State bonds, which are aimed primarily at retail investors.
    The Milan stock exchange said Thursday that an auction ended with orders for 1.3 billion worth from institutional investors.
    When this is added to the 864 million euros' worth sold to retail clients, this made for a total of 2.16 billion. The only time a sale went worst was in June 2012, the time of the Greek financial crisis, when 1.73 billion euros worth were sold.
    The best showing was the 22.2 billion sold in November 2013.
   

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