BTP NOVENNALI SERIE 04/1979 - 100000 LIRE ROMA 1970
BTP NOVENNALI SERIE 04/1979 - 100000 LIRE ROMA 1970

1970 - BUONI DEL TESORO NOVENNALI 5% - 100.000 LIRE - ROMA (Ritratto d'uomo di A. Messina, marrone)

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1970 - BTP NOVENNALI SERIE 04/1979 - 100000 LIRE - ROMA

Legge 28 Febbraio 1969

The five-year five per cent five-year Buoni del Tesoro Poliennali (BTPs) issued by the Italian Republic under Law No. 21 of 28 February 1969 and the Decree-Law of 30 October 1967 were a specific type of public debt securities issued by the Italian State.

Description

These nine-year BTPs offered a fixed interest rate of 5% and had a maturity of nine years. Investors holding these securities received annual interest equal to 5% of the nominal value of the security.

The title of these nine-year BTPs featured the 'Portrait of a Man' by Antonello da Messina (1430-1479). Antonello da Messina was a renowned Italian Renaissance painter and his 'Portrait of a Man' was one of his most famous works. The choice of using this work as the image on the BTPs' title was a way of representing Italian art and culture.

The bearer bonds of these BTPs had denominations ranging from 5,000 to 1,000,000 Italian lire (before the introduction of the euro). This meant that the securities could be purchased in different denominations, depending on the investor's financial means.


Product Details

Place of issue
Roma
Year of issue
1970
Nation of issue
Italia
Rarity Index
R4
Quotation Index
S4
scripofilia

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