Btp Italia Sì has collected over eight billion orders since the start of the placement

The Btp Italia Sì, having reached the fourth day of placement, has collected since the beginning of the offer 8,21 billions of orders. The new government bond, which protects capital from the high cost of living, is an instrument intended to collect the savings of Italian families. The placement, reserved exclusively for retail investors, ends tomorrow at 1pm (unless early closure). The new BTP Italia Sì has a duration of 5 yearsstarts with a base annual rate of 1.60%, to which the semi-annual inflation link will be added to build the coupon paid to investors.

BTP and the calculation of coupons

To calculate the overall value of couponsto this minimum rate, guaranteed even in the event of deflation, must therefore be added the national inflation rate (FOI Index, without tobacco – Consumer price index for families of workers and employees, net of tobacco) recorded in the reference period.

The loyalty bonus and market conditions

In fact, the BTP Italia Sì provides semi-annual coupons linked to the national inflation rate as well as a extra final premium of 0.6% on the subscribed capital reserved for those who purchase it on the days of issue and hold it until maturity. At the end of the placement the minimum guaranteed rate may be confirmed or revised upwardsbased on market conditions.

The recipients of the placement and the ISIN code

Subscription to the BTP Italia Sì is reserved for individuals only individual savers and similar; There will be no caps or divisions, so all applications received during the placement period will be fully satisfied. The codice ISIN of the security necessary to identify and purchase it during the placement period is IT0005713539.

Comparison with Btp Valore

It is still premature to attempt to make a comparison between Btp Italia Sì and Btp Valore. The only thing that can be said at the moment is that the latter has collected overall since its issue 16.22 billion di euro. Ai subscriberswho will maintain theBtp Valuefor the entire duration of6 yearswill also be guaranteedextra final prize dello 0,8% del invested capital.