Sections

BTP Valore reaches over 17 bn after fourth day

86,787 contracts worth 2.22 bn signed on Thursday

New treasury bond continues to perform strongly

Redazione Ansa

(ANSA) - ROME, JUN 8 - Italy's new BTP Valore Treasury bond for small Italian investors only has jumped to over 17 billion euros in subscriptions in the first four days of issue, financial sources said Thursday.
    The BTP Valore closed its fourth day of subscriptions with a total of 2.22 billion euros, on top of the 14.8 billion euros' of subscriptions in the first three days. Some 86,787 contracts were signed on Thursday.
    The four-year Btp Valore has a yield of 3.25% in the first two years and of 4% in the third and fourth and a 0.5% loyalty premium for those holding it to maturity. The bond issue is due to end on Friday. (ANSA).
   

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