BTP Italia Sì - First Issuance
BTP ITALIA Sì: First Issuance
The Ministry of Economy and Finance has announced the first issuance of BTP Italia Sì, the inflation-linked Italian government bond designed exclusively for individual savers.
Distribution
- Distribution Period: from June the 15th until June the 19th 2026 with one phase (which may be reduced in the case of early closure) will be reserved to individual investors and other entities with the same nature.
- Settlement date for trades executed during the Placement Period: 23rd June 2025
- Maturity: 23rd June 2031
- Coupon: Semi-annual coupons, equal to the sum of a Fixed Component (annual coupon rate) and an Inflation-linked Component
- Fixed price for trades executed during the Placement Period (Issue price): 100%
- Premium: Paid only to those who purchase the bond during the offering period and hold it until maturity, it will have a value equal to 0.6%.
- Placement methods: continuous trading phase only from 9.00 till 17.30 (no opening auction phase) ending at 13.00 on the fifth day of distribution, except for early closure.
- Orders that can be entered by the Market participants: buy orders only like market orders. Validity types: Good-till-Cancel (GTC)
- Dealers selected by the Issuer for the distribution: Intesa Sanpaolo S.p.A., Unicredit S.p.A.
- Minimum lot purchasable: 1,000 Eur
Please download the MEF press release , Termsheet