Milan, Oct 23 (LaPresse) – Orders exceeding 700 million euros were recorded on the fourth day of the new Btp Valore placement, with over 24,000 contracts signed. In the first three days, orders totaled about 13 billion euros. Btp Valore, dedicated exclusively to small savers (so-called retail investors), offers nominal coupons paid every three months and a seven-year maturity with a final extra premium equal to 0.8% of the invested capital. Minimum rates are set at 2.60% for the first, second, and third years, 3.10% for the fourth and fifth years, and 4.00% for the sixth and seventh years.
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