Italy sets minimum guaranteed coupon on dual tranche 5 — year BTP Valore
MILAN, Oct 16 (Reuters) — Italy's Treasury said on Friday it had set the minimum guaranteed real coupon on its new 5-yr dual-tranche BTP Valore bond for retail investors only. The first tranche (BTP Valore) pays coupons every three months following a step-up mechanism and will guarantee a fixed rate of 3.7% for the fir