MEF places five BTPs. Fitch updates Italy’s credit rating
Italian Stock Exchange
Board of Directors meeting to examine the financial statements for the third quarter of 2023
Conference call to comment on the financial statements
Business Square
- in progress Launch of new Cassa Depositi e Prestiti bonds dedicated to the Italian retail market. Offer expires November 27 (unless closed early).
Capital increase
- Work is underway to increase capital Destination Italy. The process is scheduled to end on November 23, 2023, while the rights related to the capital increase will be listed until November 17.
International stock exchanges
United State
- The bond market is closed On the occasion of Veterans Day, regular trading in the stock market.
Ratings
Italy
- Fitch updates its rating On sovereign debt (current rating: “BBB”; stable outlook).
Offering government bonds
Italy
- Issuance September 2026 (Total annual coupon: 3.85%; ISIN code: IT0005556011). The amount ranges between 2.5 and 3 billion euros.
- Issuance November 2030 (Total annual coupon: 4%; ISIN code: IT0005561888). The amount ranges between 1.5 and 2 billion euros.
- Issuance PTB March 2030 (Total annual coupon: 3.5%; ISBN: IT0005024234). The amount ranges between one billion and 1.5 billion euros.
- Issuance PTB March 2038 (Total annual coupon: 3.25%; ISBN: IT0005496770). The amount ranges between one billion and 1.5 billion euros.
- Issuance PTB October 2053 (Total annual coupon: 4.5%; ISIN code: IT0005534141). The amount ranges between 750 million and 1 billion euros.
My quarter
Europe
- Allianz (Germany, Q3 2023)
total economy
Italy
- Industrial production In September 2023 (10.00 AM). Consensus: -0.2% m/m.
Great Britain
- gross domestic product (Introductory) for the third quarter of 2023 (08.00). Consensus: -0.1% S/F; +0.5% YoY.
- Industrial production In September 2023 (08.00 AM). Consensus: -0.1% mo/m; +1.0% YoY.
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