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How to apply for 'Tremonti bonds'
  • Freshfields Bruckhaus Deringer
  • Italy
  • March 27 2009

As part of certain anti-crisis measures, hybrid instruments to be subscribed by the state, up to 31 December 2009, that are aimed at increasing the tier one capital ratio of the Italian listed banks - the so-called 'Tremonti bonds' - have been provided for by the Italian Ministry of Economics and Finance (MEF) in its 25 February decree, published in the Official Gazette No. 55 of 7 March 2009, implementing article 12 of Legislative Decree No. 185 of 29 November 2008.


Elena Pagnoni
  • Freshfields Bruckhaus Deringer