The characteristics of the BOT auction on 12 June 2024

The Ministry of Economy and Finance has communicated that theauction of a BOT with the following characteristics:

Annual

  • Emission: June 14, 2024
  • Expiration: June 13, 2025
  • Amount offered: 7.5 billion euros
  • Duration (in days): 364
  • ISIN code: to be attributed
  • Settlement date: June 14, 2024

The BOTs are auctioned using the competitive auction placement system, with operators’ requests expressed in terms of yield.

The securities can be subscribed for a minimum amount of one thousand euros.

The supplementary placement offer is established at 10% of the nominal amount offered in the ordinary auction, determined on the basis of the criteria indicated in the issuing decree.

The Ministry of Economy and Finance recalled that on 14 June 2024 BOTs for 8.8 billion euros will expire, all relating to the annual maturity.

As of 31 May 2024, the circulation of BOTs was equal to 128,557.855 million euros: 21,965 million euros half-yearly and 106,592.855 million euros annually.

The Treasury specified that, following the absence of specific cash needs, the quarterly BOT will not be offered on June 12th.

This writing is written for informational purposes only, can be modified at any time and cannot be considered a solicitation for public savings. The website does not guarantee the correctness and does not assume responsibility for the use of the information contained therein.

 
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