EIB loans Italy €2bn for healthcare

By Lewis McLellan
03 Aug 2020

Italy will receive a €2bn loan from the European Investment Bank to help cover the reinforcement of its healthcare system required to deal with the coronavirus pandemic.

The loan is offered at 0% for 15 years. Italy’s curve at 15 years is trading at 1.41%. €1bn of the loan has been finalised already. The remainder will be disbursed “when required, according to the project’s funding needs”, said an ECB spokesperson. “However, it is expected to ...

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