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20-year is Italy’s best seller so far

12 Jan 2018
EUR9bn, coupon 2.95%, due 01 September 2038. Reoffer 99.766, yield 2.987%, spread BTPS 2.25% September 2036 + 16bp. Rated Baa2/BBB/BBB. Buoni del Tesoro Poliennali (RegS in dematerialised book entry form), 144A eligible, CACs. Settle 17 September 2018. List Italy. Italian law. Denoms 1k+1k. Books Banca IMI,

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