The BTP ITALIA guaranteed minimum annual (real) coupon rate is 1.45%. The definitive annual (real) coupon rate is set at the end of the collection of purchase orders and it cannot be below the guaranteed minimum annual (real) coupon rate.
The issuance will take place on the MOT (the Borsa Italiana’s screen-based market for securities and government bonds) through Banca IMI S.p.A. and BNP Paribas from the 19th to the 22nd of November 2018.
Specific information can be requested at: dt.gruppo.info@tesoro.it.