132.296 contracts concluded for a turnover of 5,477.083 million Euros.
These are the numbers of the third BTP Futura issuance, with maturity of 16 years, aimed at financing the economic recovery related to the Covid-19 pandemic crisis and the vaccination campaign-.
During the placement period, out of 132.296 contracts concluded on the MOT (the Borsa Italiana’s screen-based market for securities and government bonds) around 60 per cent of them had a size of less than 20,000 Euros, while considering contracts up to 50,000 Euros, they were around 86 per cent of the total. The average size of the contracts has been of 41,400.22 Euros.

For the bond, with first accrual date as of the 27th of April 2021 and maturity date as of the 27th of April 2037, the series of definitive annual nominal coupon rates, paid on a semi-annual basis, is set at 0.75% for the first 4 years, 1.20% for the following 4 years, 1.65% for the next 4 years and 2% for the last 4 years of the bond’s life. The settlement date coincides with the accrual date.