UK: Would Burnham Call An Early General Election? (2/2)

Al Arabiya sources report "work is underway to put the finishing touches on a draft agreement between Washington and Tehran .The Pakistani Army Chief may visit Iran tomorrow to announce the final formula of the agreement".

• "The Ministry of Economy and Finance (MEF) announces the placement of the BTP Italia Sì, the new government bond indexed to the Italian inflation rate, which will be exclusively reserved to individual investors and other persons similarly classified (the so-called retail market) and placed, in line with the other retail issuances, over the entire week, from Monday 15th June to Friday 19th June 2026 (until 1 p.m.), unless early closing."
• "For this issuance, BTP Italia Sì will have a maturity of 5 years and, as usual, will pay semi-annual coupons linked to the Italian inflation rate of the reference period. The guaranteed minimum fixed rate will be announced by the MEF on Friday 12th June 2026 and may be revised, only upwards, at the closing of the placement, based on market conditions. In addition, an extra final bonus equal to 0.6% of the invested capital is foreseen for those who purchase BTP Italia Sì during the placement days and hold it continuously until the final maturity."
• The conventional BTP Italia (rather than BTP Italia Si) normally has an institutional round with it - this is the first time it has not.
• The last BTP Italia, a 7-year 1.85% line maturing 4 June 2032, was sold in May 2025.

• "The Ministry of Economy and Finance (MEF) announces the placement of the BTP Italia Sì, the new government bond indexed to the Italian inflation rate, which will be exclusively reserved to individual investors and other persons similarly classified (the so-called retail market) and placed, in line with the other retail issuances, over the entire week, from Monday 15th June to Friday 19th June 2026 (until 1 p.m.), unless early closing."
• "For this issuance, BTP Italia Sì will have a maturity of 5 years and, as usual, will pay semi-annual coupons linked to the Italian inflation rate of the reference period. The guaranteed minimum fixed rate will be announced by the MEF on Friday 12th June 2026 and may be revised, only upwards, at the closing of the placement, based on market conditions. In addition, an extra final bonus equal to 0.6% of the invested capital is foreseen for those who purchase BTP Italia Sì during the placement days and hold it continuously until the final maturity."
• The conventional BTP Italia (rather than BTP Italia Si) normally has an institutional round with it - this is the first time it has not.
• The last BTP Italia, a 7-year 1.85% line maturing 4 June 2032, was sold in May 2025.