Business & Finance
Italy to offer up to 8bn euros of BTPs, CCTEUs
ROME : The Italian Treasury said on Thursday it would offer up to 8 billion euros of fixed-rate bonds (BTPs) and bonds l
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The Treasury said in a statement it would offer:
* 3.0 billion euros to 3.75 bln euros of new BTPs maturing March 1, 2022, paying a 5.0 percent coupon.
* 2.5 bln euros to 3.25 bln euros of third tranche BTPs maturing July 1, 2014, paying a 4.25 percent coupon.
* 500 million euros to 1.0 bln euros of ninth tranche CCTEUs maturing April 15, 2018.
Copyright Reuters, 2011