By Emese Bartha
Italy on Wednesday sold 7 billion euros ($7.90 billion) in a new 30-year government bond, or BTP, in a syndicated transaction, said one of the lead manager banks.
The new bond carries a 2.150% coupon and will mature in September 2052.
The spread on the bond was set 6 basis points above the yield of the 1.70% September 2051 BTP, said the same bank. The bond was priced at 99.987, at a yield of 2.162%, it said.
Bookrunners of the deal were Barclays, BNP Paribas, Deutsche Bank, IMI-Intesa Sanpaolo and J.P. Morgan.
Write to Emese Bartha at emese.bartha@wsj.com
(END) Dow Jones Newswires
01-05-22 1138ET
