EUROZONE ISSUANCE: New BTP Valore to be launched
May-08 08:53
- The MEF has announced a new retail instrument, the BTP Valore.
- The inaugural issue will be launched 5-9 June with a 4-year maturity.
- The coupons will be fixed in advanced on a step-up basis and not linked to inflation (like BTP Italia) or growth (like BTP Futura).
- There will also be a loyalty bonus for investors who hold until maturity.
- The coupons and the ISIN will be announced on 1 June.
- Full details are available here.
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