Italy to Launch Four New Government Bonds in 3Q

By Emese Bartha

The Italian Treasury plans to launch four new government bonds in the third quarter of 2023, it said in its quarterly guidance on Monday.
The new bonds will have maturity dates of September 2025, September 2026, November 2030 and March 2034, respectively, the Treasury said. It targets final outstandings of 9 billion euros ($9.81 billion) in the 2025- and 2026-dated BTPs each and EUR10 billion in the 2030- and 2034-dated BTPs each, it said.

The minimum final outstanding is the overall issuance volume a bond has to reach before it is replaced by a new benchmark.
Other bonds, in addition to the new ones, could also be issued during the quarter, subject to market conditions, the Treasury said.
Write to Emese Bartha at [email protected]