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BTp Valore kicks off today: what to know and why they are worth 70 per cent of government debt
At the end of May 2023, five days before the debut of the first BTp entitled "Valore", Italy's savers held 310.8 billion of Italia's public debt. By last November, after the last offering in this strand so far, their portfolio had risen to 453 billion, 142.2 billion more than two and a half years earlier. In the meantime, the six rounds of government bonds designed for households and small investors had amassed 96.4 billion, a sum worth 67.8% of the increase recorded over the same period by the total of BTp in the securities accounts of this market area.[....]