Bank of Italy creates secondary market for trading in its own shares

bank-of-italy
The Bank of Italy

The Bank of Italy has created a secondary market for dealings in its own shares, it announced recently. The move is intended to support a law passed in 2014, aimed at diversifying the bank's shareholders by imposing a maximum shareholding limit.

The total capital of the Bank of Italy is set at €7.5 billion ($8.4 billion). There are 300,000 registered shares in the bank, each with a nominal value of €25,000. Under a law passed in 2014, any individual shareholder in the Bank of Italy must hold no

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.