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.
ALL RIGHTS RESERVED © Copyright ANSA