The Republic of Italy has mandated Citigroup Global Markets Ltd, Deutsche Bank A.G., Goldman Sachs Int. Bank and UniCredit S.p.A for the syndicated reopening of 50-year BTP due 1st March 2067, coupon 2.80% (ISIN IT0005217390).
The transaction is consistent with what has been foreseen in 2019 Public Debt Management Guidelines , which envisage the possibility to reopen only the 50-year BTP through either auction or syndicated placement.
The transaction will be launched in the near future subject to market conditions. FCA/ICMA stabilisation.
Due to the above mentioned issuance, the MEF announces that in the medium - long term bond auctions scheduled for the 11th of July 2019 only 3-year and 7-year BTPs will be offered.
