Treasury: BTP Valore, orders already exceed one billion euros

Milan, 20 October (LaPresse) – The new BTP Valore, which went on sale this morning, has already recorded orders worth over one billion euros (1.048 billion) after just over an hour, with over 31,000 contracts. The BTP Valore, dedicated exclusively to small savers (so-called retail investors), provides for nominal coupons paid every three months and a maturity of seven years with an extra final premium equal to 0.8% of the capital invested. Minimum rates of 2.60% are expected for the first, second and third years, 3.10% for the fourth and fifth years, and 4.00% for the sixth and seventh years.