Italy eyes second BTP Futura before year-end

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By Burhan Khadbai
15 Jul 2020

Following the sale of its first government bond targeted exclusively to retail investors last week, Italy may issue another such bond before the end of the year, depending on the evolution of its funding needs, which are still not finalised.

“The BTP Futura is not a one-off,” Davide Iacovoni, director general, public debt at the Italian Treasury, told GlobalCapital. “We will propose issuing these bonds again this year, but that depends on how our funding conditions evolve.”

Unlike many of its eurozone sovereign peers, Italy has not published an update to ...

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