Italy trims guidance for new 20-year govt bond - lead manager
MILAN, June 12 (Reuters) - Italy has trimmed its price
guidance for a new 20-year government BTP bond to around 14
basis points over its outstanding September 2038 benchmark, from
an initial guidance of around 16 basis points, a lead manager
said on Wednesday.
Orders for the bonds, maturing in March 2040, have so far
reached around 16 billion euros ($18 billion), the lead manager
($1 = 0.8825 euros)
(Reporting by Elvira Pollina
Editing by Mark Bendeich)
© 2019 Thomson Reuters. All rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. "Reuters" and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies.