Italy sells big inflation-linked PP
Italy printed an €800m 20 year inflation linked private placement on Thursday, satisfying demand from a single investor.
The €800m bond matures in September 2039 and carries a real yield of 0.913%. UniCredit priced the deal at par.
The deal was sold entirely to a “key insurance group”, according to Davide Iacovoni, director general of public debt for Italy.The deal came alongside an Italian ...
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