---
source: Dipartimento del Tesoro (MEF) — Italy
url: https://www.dt.mef.gov.it/en/debito_pubblico/emissioni_titoli_di_stato_interni/risultati_aste/risultati_aste_btp_5_anni/
document_type: pdf
date_retrieved: 2026-04-29
period: April 29, 2026 (auction date)
parent_publication: BTP Auction Results — 5 Years
indicators_covered: ["5 Year Note Yield"]
---

# BTP 5 Years — Auction Results
**Date:** April 29, 2026

Ministero dell'Economia e delle Finanze

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#### Auction Details

| Item | Value |
|------|-------|
| ISIN Code | IT0005707614 |
| Tranche | 1st |
| Coupon (*) | 3.15% |
| Issue Date | May 04, 2026 |
| Maturity Date | June 01, 2031 |
| Auction Date | April 29, 2026 |
| Settlement Date | May 04, 2026 |
| Amount Max Offered | 4,000.000 million EUR |
| Amount Min Offered | 3,500.000 million EUR |
| Amount Bid | 6,136.000 million EUR |
| Amount Allotted | 4,000.000 million EUR |
| Allotment Price | 99.34 |
| **Gross Yield** | **3.32%** |
| Bid To Cover Ratio | 1.53 |
| Accrued Coupon Days | 0 |
| Placement Fee | 0.15% |
| Price for Individual Investors | 99.340000 |
| Price for fiscal purpose | 99.340 |
| Amount Offered to Specialists | 1,200.000 million EUR |

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#### Issue Volume

| | Outstanding | Allotted to Specialists in supplementary placements and/or syndicated |
|---|------------|-----------------------------------------------------------------------|
| Total | 4,000.000 million EUR | 0.000 million EUR |

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**Notes:**
(*) First short coupon: 0,242308 with accrual period: May 04, 2026 - June 01, 2026 (28 days). After the first, the ordinary cycle will be: Dec 01 - Jun 01.
- Nominal Amounts are expressed in millions of Euros.
- Gross Yields are calculated on a 365-day basis.