Foreign investors buy 62.6% of Italy’s 8-yr green BTP bond

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ROME, April 5 (Reuters) – Foreign investors bought 62,6%
of the new 8-year green BTP bond, the Italian Treasury said on
Wednesday.

Around 290 investors have taken part to the transaction
which attracted orders for over 52.9 billion euros ($57.72
billion).

Fund managers have been allotted 42.6% of the issuance,
while banks have subscribed about 26.9%.

Hedge funds have subscribed around 2.9% of the total amount
issued, while investors with a long-term horizon bought 26.6%.

($1 = 0.9165 euros)
(Reporting by Antonella Cinelli, editing by Cristina Carlevaro)

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