Bond profile

BTP Valore — Oct 2032 · CUM

ITALIA/TV BTP VALORE 20321028 · ISIN IT0005672016
📘Learn moreBTP Valore guidehow it works, stepped coupons, loyalty premium and who it suitsRead the guide →
Free Rebalix updates for bond investors

Guides, calculators, new pages and tools: one email when something new is out, with Rebalix product news at the end. No ads, no data shared with third parties, one click to unsubscribe.

↑ Enter your email

Bond terms

ISINIT0005672016
TypeGovernment bond
IssuerRepubblica Italiana
Coupon typeStep-up (rising coupon)
ISIN typePlacement (CUM) — with loyalty premium, not tradable on the market
Maturity28 October 2032
CurrencyEUR
Minimum denomination1,000 EUR
SenioritySenior
Amount issued16,572,074,000 EUR
Trading start20 October 2025
Trading venuesBorsa Italiana
The coupon steps (official MEF series)
Years 1–32.6% p.a.
Years 4–53.1% p.a.
Years 6–74% p.a.

Rising coupons pre-set by the Treasury: cash flows are known in advance.

Loyalty premium at maturity: +0.8% — applies to this (placement, CUM) ISIN if held without ever selling. Not part of the yield: it’s a conditional extra.
The market version of this issue (the one you buy): IT0005672024 →
For this bond, yield to maturity can’t be computed in advance, because future coupons depend on the index: the calculator shows the coupon structure and the bond’s data, pre-filled.
Open in the calculator →

Taxation in Italy

For individuals resident in Italy, interest on government bonds of white-list countries is taxed at a substitute rate of 12.5%. Indicative rate: this is not tax advice.

Bonds with a similar maturity

BTP Valore — Oct 2032IT000567202428 Oct 2032BTP Più — Feb 2033IT000563480025 Feb 2033CCT-eu — Apr 2033IT000562046015 Apr 2033CCT-eu — Apr 2032IT000559446715 Apr 2032REPUBBLICA ITAL/VAREMTN 20330517 GXS262450236017 May 2033BTP Valore — Mar 2032IT000569633810 Mar 2032

Objective data from the official EU register (FIRDS/ESMA), refreshed weekly and automatically cross-checked. This page shows no market prices and is not an investment recommendation.

We care about accuracy: if you spot an anomaly on this page, let us know at hello@rebalix.eu — we’ll check it against the source.