Italy readies third BTP Futura bond

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By Burhan Khadbai
30 Mar 2021

The Italian treasury has announced plans to issue a third BTP Futura — a bond format that exclusively targets retail investors — in April, which will come with a 16 year maturity.

The issuance of Italy’s third BTP Futura bond will take place between Monday, April 19 and Friday, April 23.

As with the previous BTP Futura bonds, there will be a step-up coupon structure and a loyalty premium.

The step-up coupon structure is designed to reward investors that hold ...

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