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BTP auction 13 July: the Department of the Treasury of the Ministry of Economy and Finance (MEF) published during the course of the day on Monday July 10, 2023 the announcement relating to the emissions of Multi-year Treasury bills which will be placed through the mechanism of theto stay marginal on date July 13, 2023.
So, without getting lost in too much chatter, let’s go and see together what the calendar with all date concerning the3, 7, 15 and 30 year BTP auction to be held on 13 July.
BTP auction 13 July: here are all the dates and the calendar to respect to invest in these bonds with maturities of 3, 7, 15 and 30 years
Here’s what the calendar with the date which are planned for the imminent 3, 7, 15 and 30 year BTP auction on 13 July 2023:
il July 12, 2023 is the deadline for booking medium/long-term government bonds at auction on 13 July 2023; The July 13, 2023 is the date of the auction of Treasury Bills with a duration of 3, 7, 15 and 30 years, which will end at 11:00; The July 14, 2023 is the deadline for the presentation of applications for the purchase of vouchers in the supplementary placement, which will end at 3.30 pm; The July 17, 2023 is the deadline for the settlement of multi-year Treasury bonds with a maturity of 3, 7, 15 and 30 years, exclusively for those who have booked them by 12 July 2023.
The characteristics of the single medium/long-term government bonds issued
Specifically, here’s what they are characteristics of multi-year Treasury bills (BTP) with a maturity set at 3 years from the time of issue:
residual life – in issue;
ISIN code – to be assigned;
tranche – 1st; issue – July 17, 2023; deadline – 15 September 2026;
annual coupon – 3.85%;
coupon payment date – 15 September 2023; minimum amount offered (in millions of euros) – 4,000; maximum amount offered (in millions of euros) – 4,500; diet days – 0; provision placement – 0.100%; tax percentage for the acquisition of the security in an additional auction – 30%; tax for the purchase of the security in an additional auction (in millions of euros) – 1,350.000.
Instead, here are what they are characteristics of multi-year Treasury bills (BTP) with a maturity set at 7 years from the time of issue:
residual life – in issue;
codice ISIN – IT0005542797;
tranche – 7th; issue – April 17, 2023; deadline – 15 June 2030;
annual coupon – 3.70%;
coupon payment date – 15 December 2023; minimum amount offered (in millions of euros) – 2,500; maximum amount offered (in millions of euros) – 3,000; dietary days – 32; provision placement – 0.150%; tax percentage for the acquisition of the security in an additional auction – 20%; tax for the acquisition of the title in additional auction (in millions of euros) – 600,000.
Here’s what they are characteristics of multi-year Treasury bills (BTP) with a maturity set at 15 years from the time of issue:
residual life – in issue;
codice ISIN – IT0005496770;
tranche – 8th; issue – March 1, 2022; deadline – March 1, 2038;
annual coupon – 3.25%;
coupon payment date – 1 September 2023; minimum amount offered (in millions of euros) – 1,000; maximum amount offered (in millions of euros) – 1,250; diet days – 138; provision placement – 0.250%; tax percentage for the acquisition of the security in an additional auction – 20%; tax for the acquisition of the title in additional auction (in millions of euros) – 250,000.
Finally, here are what they are characteristics of multi-year Treasury bills (BTP) with a maturity set at 30 years from the time of issue:
residual life – 26 years;
codice ISIN – IT0005363111;
tranche – 12th; issue – September 1, 2018; deadline – September 1, 2049;
annual coupon – 3.85%;
coupon payment date – 1 September 2023; minimum amount offered (in millions of euros) – 1,000; maximum amount offered (in millions of euros) – 1,250; diet days – 138; provision placement – 0.350%; tax percentage for the acquisition of the security in an additional auction – 20%; tax for the acquisition of the title in additional auction (in millions of euros) – 250,000.
2023-07-11 17:26:44
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