May 5, 2020 / 2:25 PM / 20 days ago

Italy economy minister expects very positive response to new BTP Italia

ROME, May 5 (Reuters) - Italy’s Economy Minister Roberto Gualtieri said on Tuesday he expected a “very positive” response from investors to the new BTP Italia bond that will be issued later this month.

The minister was speaking at a parliamentary hearing in the Senate.

Italy will offer savers the new inflation-linked bond with a five-year maturity between May 18 and May 21 to raise funds to help the economy cope with the impact of the coronavirus crisis.

Reporting by Giuseppe Fonte, writing by Agnieszka Flak

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