Closed today the placement result of the first tranche of the new 30-year BTP.
The bond, maturing on the 1st March 2048 with accrual date 1th March 2017, has a 3.45% annual coupon, paid on a semi-annual basis.
The amount of 6.5 billion Euro has been issued at a re-offer price of 98.956, equivalent to a 3.536% gross annual yield.