Ministero dell Economia e delle Finanze



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Dear Investor, the Treasury is pleased to come back to you with the 0 calendar of government bond auctions, which can be a useful instrument to assist you in your investment decisions. For every month, you will find a double-faced page. On the front face you will see clearly highlighted the dates of announcement, execution, and settlement of auctions. These will indicate whether auctions refer to short-term securities, (BOT and CTZ) or medium to long term (CCT and BTP). The back face will collate information relative to the current as well as the previous and following months, clearly marked by specific symbols, so that you will be able to keep track of auctions in a timely fashion even when they take place across the end of the month. Official holidays are highlighted in the same way as started in the 1 s edition: when the European system for payments (TARGET) is closed, you will see a light blue background, which becomes lighter if the date is a national holiday but TARGET is, instead, operational. The present calendar will be complemented by the quarterly program, which sets in detail the financial characteristics of the bonds to be issued during the quarter. Such program together with extensive information on the Italian Treasury s issuance policy and bond markets is available on the web at www.publicdebt.it and on dedicated pages on the main info providers: Bloomberg (index page MDTE) - Reuters ((index page TESOROITALIA) Moneyline Telerate (index page -). In 0 the Treasury will do its best to continue to ensure liquidity for government bonds in a very transparent fashion, not only using regular auctions, but also executing syndicated deals to launch new type of securities. Moreover, in order to further improve secondary market liquidity, the Treasury will continue its exchange offer operations. I wish you the best in 0. Domenico Siniscalco 1 Mercoledì 2 Giovedì Bills and Regolamento zero-coupon BOT settlemente CTZ m-1 Regolamento settlement medio-lungo 1 1 Giovedì Venerdì JANUARY 0 Venerdì 1ª comunicazione medio-lungo 1 Sabato Sabato 1 Domenica Domenica Lunedì Lunedì Martedì Martedì Mercoledì 1 st m-l auctions Comunicazione announcement BOT e CTZ 2ª comunicazione medio-lungo Mercoledì Giovedì Comunicazione BOT e CTZ 1ª comunicazione medio-lungo Giovedì Venerdì Venerdì Asta BOT e CTZ 2 Sabato Sabato 2 Domenica Domenica 2 Lunedì 2ª comunicazione Bills and zero-coupon medio-lungoauctions Lunedì Asta medio-lungo termine 2 Martedì Asta BOT e CTZ Martedì 2 Mercoledì Mercoledì Regolamento BOT e CTZ Regolamento medio-lungo 0 Giovedì Asta medio-lungo Bills and zero-coupon termine settlement 1 Venerdì Regolamento BOT e CTZ Piazza dei Signori Vicenza

1 2 1 1 FEBRUARY 0 1 1 2 2 2 2 2 Piazza del Popolo Todi 1 2 1 1 MARCH 0 1 1 2 2 2 2 2 0 Piazzetta San Marco Venezia 1

1 2 1 1 APRIL 0 1 1 2 2 2 2 2 0 Piazza del Popolo Ascoli Piceno 1 1 0 MAY 2 1 1 1 2 2 2 2 2 0 1 Piazza del Campidoglio Roma

1 2 1 1 JUNE 0 1 1 2 2 2 2 2 Piazza dei Signori Verona 0 1 2 1 1 JULY 0 1 1 2 2 2 2 2 0 Piazza Bellini Catania 1

1 2 1 1 AUGUST 0 1 1 2 2 2 2 2 0 1 Piazza del Duomo Lecce 1 2 1 1 SEPTEMBER 0 1 1 2 2 2 2 2 0 Piazza Vecchia Bergamo

1 2 1 1 OCTOBER 0 1 1 2 2 2 2 2 Piazza Maggiore Bologna 0 1 1 2 1 1 NOVEMBER 0 1 1 2 2 2 2 2 0 Piazza S. Chiara Assisi

1 1 DECEMBER 0 2 1 1 1 2 Foto di: Michele D Ottavio 2 2 2 2 0 Piazza Castello Torino 1 A cura del Dipartimento del Tesoro (Segretaria di Redazione: Emanuela Bedoni) Per il materiale fotografico si ringraziano: La Presidenza del Consiglio dei Ministri Dipartimento per l Informazione e l Editoria Servizio della Documentazione L Azienda di Promozione Turistica di Roma L Archivio fotografico Città di Torino L Istituto Poligrafico e Zecca dello Stato Stampa: Istituto Poligrafico e Zecca dello Stato S.p.A. Copyright 0