HALISTER: Italy To Launch 1st 50-Yr BTP In Near Future, Depending on Mkt

Italy To Launch 1st 50-Yr BTP In Near Future, Depending on Mkt

(Bloomberg) -- New bond will be issued through a syndication, will mature on March 1, 2067 and its structure will be similar to regularly issued BTPs, Finance Ministry says in statement.
  • Syndication will be composed of Banca IMI, BNP Paribas, Goldman Sachs Int. Bank, HSBC France, JP Morgan Securities PLC and UniCredit
  • New 50-yr bond launch in line with Finance Ministry’s decision to boost “presence on long term maturities, considering the positive market environment for these instruments and given the positive experience with the introduction of the 20 year BTP”
Alert: HALISTER
Source: BFW (Bloomberg First Word)

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ISP IM (Intesa Sanpaolo SpA)
UCG IM (UniCredit SpA)

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