Btp Value 1.3 billion in the middle of the second day, Together 488 million
Quick Look
- Halfway through the second day of placement, the BTP Valore collects 1.3 billion with 43,890 contracts, while the Insieme version reaches 488 million.
- For the first time the Treasury issue has been doubled.
AI-generated summary
Why It Matters
The Treasury has split the issue of the BTP Valore for the first time by introducing the Insieme version.
The BTP Valore collects 1.3 billion in the middle of the second day of placement with 43,890 contracts. The BTP Valore Insieme raises 488 million, with 19,713 contracts.
On the first day, the Btp Valore raised 3.41 billion euros and the Btp Valore Insieme 1.18 billion. For the first time the Treasury issue has been doubled. The BTP Valore Insieme provides a single maxi-coupon of 22.25% which will be paid in a single solution to 'patient' savers at the end of the 5 years in 2031. The classic BTP Valore on the other hand, as usual, offers coupons increasing to 3.7% in the first and second years, to 4.1% in the third and fourth and then rising to 4.7% in the last year.
Open Questions
- What will the total collection be at the end of the placement?
