Italy Plans Dual-Tranche Bond Syndication for New 10-Year BTP, 20-Year BTPei

Published: 2026-04-14 08:13:28 ET C

Published on 04/14/2026 at 08:13 am EDT

By Emese Bartha

Italy hired banks for a dual-tranche bond syndication to be launched in the near future, subject to market conditions, one of the lead manager banks said Tuesday.

The transaction will include the issuance of a new July 2036-dated benchmark 10-year BTP, and the issuance of a new February 2046-dated BTPei, a bond linked to eurozone HICP ex-tobacco, the bank said.

Given the upcoming syndication, the BTPei auction scheduled for April 24 won't take place.

Citigroup, Credit Agricole CIB, Deutsche Bank, IMI-Intesa Sanpaolo, Santander and Societe Generale are the joint lead managers.

Write to Emese Bartha at [email protected]

(END) Dow Jones Newswires

04-14-26 0812ET