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BTp, immediately thirty years. The Treasury plays in advance (and seeks foreign funds)

The Italian debt

As a year ago, the Mef starts a syndicated placement in the very first days of the year. And he tries to avoid tensions for the Quirinale and the slowdown in ECB purchases

by Maximilian Cellino

Quirinale, we vote on January 24 at 3 pm

The Treasury likes to play in advance, and obviously also to give a signal of continuity to those who invest in Italian debt. The Mef has in fact entrusted to a pool of banks made up of Barclays, Bnp Paribas, Deutsche Bank, Intesa Sanpaolo and Jp Morgan the mandate for the syndicated placement of a new BTp at 30 years. A “ready, go!” in short, for the funding campaign of the Italian state in 2022, as it happened exactly a year ago when just on January 5th was placed …

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