ROME: Italy’s Treasury set out plans for a new bond, for retail investors only, called the “BTP Futura”, whose proceeds will be entirely used to fund measures to help the economy recover from the coronavirus epidemic.
Rome, which manages one of the world’s biggest debt piles, topping 2.4 trillion (US$2.71 trillion), is keen to widen its funding sources, Treasury director-general Alessandro Rivera said at a news conference to illustrate the bond.
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