Italian Treasury will issue 30 year bonds after registering expressions of interest above 6 billion €.
For the first time since 2009, Italy will issue debt with maturity of 30 years after asking for outside help, not so long ago.
The Italian Treasury has decided to proceed with the operation after the banks leading the operation have registered expressions of interest on bond line maturing in September 2044 that exceeded 6 billion euros, according to a Bloomberg source close to the operation.
The official guidance was established between 13-15 basis points above the Italian 30 years bonds in existence, with a 5% interest rate. The price should be in this range.
BNP Paribas, Citigroup, Deutsche Bank, UBS and UniCredit lead the operation.