BTp Valore: requests for EUR 2.78bn on third day of offer, total orders at EUR 13bn

Demand for the BTp Valore on the third day of placement stood at just under EUR 3 billion. In detail, orders reached an amount of EUR 2.788bn against just over 94,000 signed contracts. In the first three days of the offer, the total amount issued thus amounted to just over 13 billion euro.

The BTp Valore offered last October on the third day of issuance had totalled orders of EUR 3.29 billion and EUR 13 billion on the first three days of placement.

The issue is reserved for small savers and the bond provides for nominal coupons paid every three months and a maturity of six years with an extra final premium of 0.8% of the invested capital. The issue will close on Friday, unless it closes early.