Italy's new BTP Valore Treasury bond
exclusively for small Italian investors totalled over 18 billion
euros of subscriptions at the close of issue Friday.
The bond closed its fifth and day of issue with 1.12 billion
euros' of subscriptions and 44,548 contracts signed.
The four-year Btp Valore has a yield of 3.25% in the first two
years and of 4% in the third and fourth and a 0.5% loyalty
premium for those holding it to maturity.
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