The Republic of Italy has mandated Banco Bilbao Vizcaya Argentaria SA, BNP Paribas, BofA Securities Europe S.A., Crédit Agricole Corp. Inv. Bank and Monte dei Paschi di Siena Capital Services Banca per le Imprese S.p.A for a new syndicated BTP Green due 30 October 2031.

The net proceeds of the Bond will be dedicated to finance the public green eligible expenditures with positive environmental impact in line with the provisions of the Budget Law for 2020 (Law 27 December 2019 n. 160) and in accordance with the criteria as stated of the Framework for the issuance of Sovereign Green Bonds (“Green Bond Framework”).

Moreover, the green eligible expenditures, financed with the net proceeds of this issuance, are intended to contribute to the achievement of the environmental objectives of the EU Taxonomy and to support the 2030 Sustainable Development Goals (SDGs) stated in the Green Bond Framework.