Back to the Futura part two: Italy to sell second Covid-19 retail bond in November

By Burhan Khadbai
21 Oct 2020

The Italian Ministry of Economy and Finance will issue a second BTP Futura next month, following its debut bond in the format earlier this year, as part of its plans to seek greater participation from retail investors to fund its additional borrowing needs resulting from the coronavirus pandemic.

The sale of the second BTP Futura, a bond targeted exclusively at retail investors, will take place from November 9-13 on the MOT platform, via Intesa Sanpaolo and UniCredit. It will be sold at par.

The bond will have an eight year maturity and, like the ...

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