Italy to auction 7 billion euros in BTP government bonds

The Italian Ministry of Economy and Finance (MEF) has announced an auction for three BTP government bonds scheduled for October 13, 2026. The total maximum amount for the operation is 7 billion euros.

The three issuances include:

• A BTP maturing in September 2029 with a gross annual coupon of 3%, with an expected placement between 2 and 2.5 billion euros. • A BTP maturing in September 2033 with a gross annual coupon of 3.35%, with an expected placement between 2.5 and 3 billion euros. • A BTP maturing in October 2041 with a gross annual coupon of 3.95%, with an expected placement between 1 and 1.5 billion euros.

Additional amounts are allocated for supplementary auctions across the tranches. Subscriptions are set to be settled on October 15, 2026.