Italy to bring new BTP Italia for Covid-19 response

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By Burhan Khadbai
15 May 2020

Italy has announced the details of a new BTP Italia sale, which will take place from Monday May 18, and be aimed at financing measures in response to the Covid-19 pandemic.

Banca IMI, BNP Paribas, MPS Capital Services and UniCredit have been mandated to lead the May 2025 inflation-linked bond, which will carry a minimum real coupon of 1.4%. The size of the bond has not yet been determined.

The first phase of the placement period ...

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