MILANO – The BTP Valore reaches its fourth day of issuance with numbers lower than previous editions but sees the Treasury’s objective of reaching around ten billion in collections close.
The fourth edition of the Btp Valore closed its third day of placement yesterday, reaching 8.7 billion euros. In detail, 2,129,107,000 euros were signed on Wednesday with 73,028 contracts. This is a performance significantly lower than previous editions. If we take only the third one, last March, on the third day of placement, contracts worth 3.6 billion had been signed for a total of almost 15 billion.
The new issue, we remember, expires May 2030 and provides quarterly coupons and minimum annual guaranteed rates of 3.35%, from the first to the third year, and 3.90%, from the fourth to the sixth year, and a final premium equal to 0.8% of the invested capital. Compared to the third edition, the new Btp Valore starts off stronger given that the March title had an initial yield of 3.25%, but then slowed down as the third title rose to 4%. Overall, what makes the difference is the loyalty bonus for those who subscribe now and keep the bond until maturity: we are at 0.8%, as mentioned, compared to 0.7% for the third issue. Thus the average annual coupon is fractionally more favorable, at 3.79% versus the previous 3.77%.
That’s Bot
The Treasury, among other things, is offering at auction today Annual bot expiring 05/14/2025 for an amount equal to 7.5 billion euros.
The calendar of upcoming auctions
The Treasury’s issuance calendar for the month of May already foresees a medium-long term auction for tomorrow (10 May): these are 3, 7 and 50 year BTPs for a total amount of up to 9, 25 billion and deadline at 11am for submitting applications. We then move on to the end of the month with a flurry of appointments: on the 23rd communication for Btp Short and Btpi, on the 24th Bot communication and on the 27th medium-long communication. Then, the relevant auctions on the 28th, 29th and 30th.
How to buy government bonds
The easiest way to buy government bonds is to reserve them through an authorized intermediary ahead of an auction. To do this, for example, you need to have a securities dossier from a bank to another brokerage company. The minimum denomination is 1000 euros and the securities can be subscribed for multiples of this amount.
How Bots are Taxed
What also makes government bonds attractive is the preferential tax regime enjoyed by government bonds. These instruments are in fact taxed at 12.5% on the return, while all other financial instruments are taxed at 26%.
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Agriculture: Mauritania embarks on the wheat route
2024-05-08 22:55:05
According to the Mauritanian Ministry of Agriculture, the first large-scale experiment bore fruit last March in the commune of Rosso, in the Trarza region. This trial is the result of a partnership between the public sector and two private agricultural companies. Excellent news for this country which imports almost all of its wheat.
The large-scale trial involved growing two varieties of wheat on 200 hectares of sandy soil in the municipality of Rosso. According to the Ministry of Agriculture, between 4 and 5 tonnes of wheat per hectare were obtained.
A promising and encouraging result for this importing country, according to Isselmou Ould Sid El Moktar, regional delegate of the Ministry of Agriculture in Trarza. He underlines that this new experience proves once again that wheat cultivation is profitable, and specifies that with the sustained support of the public authorities and the investment of the private sector, the Mauritania could cover its wheat needs as is almost the case today with rice.
« Land and water requirements are favorable, he believes. Wheat is less restrictive than growing rice, less expensive in terms of water, it’s new, there aren’t many diseases… The State has provided support to investors. The State’s strategy at the time favored rice, I think that now it is committed to this crop and I think that it will continue or increase support. Because we need these cereals. »
A necessary investment
The regional delegate specifies that to carry out this experiment, the Mauritanian State has increased aid: through the supply of fertilizers, the opening up of the area, the protection of crops or even the electrification of production areas. “ A necessary and strategic investment for the supply of the country “, according to Isselmou Ould Mohamed Taleb, economist and statistician who recalls the international context, particularly since the expiration last July of the agreement on Ukrainian grain exports. According to the last quarterly note for 2023, Mauritania imported 1/5th of its wheat.
The profitability challenge
The economist Isselmou Ould Mohamed Taleb also specifies that this new culture is a bet: “ Wheat is certainly a strategic commodity for Mauritaniahe explains, we take fewer risks with international events. But rice was subsidized for many years in Mauritania, as were inputs. Will growing wheat be as profitable as growing rice? The price of wheat is significantly lower than the price of rice on the markets and there is also competition from external wheat. »
He also hopes that this desire to grow wheat will continue despite the challenges: “ It will take a long time to first have a qualified workforce. There are also those who are landowners, who do not have the means to develop it and in addition, it will be necessary to ensure that the market will be a market with sufficient purchasing power. But it could work. »
According to FAO data, Mauritania imported more than 75,000 tonnes of wheat worth $322 million to the international market in 2022.
#Agriculture #Mauritania #embarks #wheat #route
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Robert F. Kennedy Jr. Discovers Brain Worm Misdiagnosis: Full Recovery and Presidential Aspirations
Robert Kennedy, a member of the famous Irish-American family, suffered so much from memory loss and lack of mental pain in 2010 that he himself was examined by several leading neurologists. Several doctors believed Kennedy had a brain tumor, he said in a statement in 2012 during his divorce from his second wife. New York Times could look in. However, it turned out to be a worm. According to his campaign team, he may have given him a contract during one of his trips to Africa, South America or Asia while he was still an environmental lawyer.
“I obviously have cognitive issues,” Kennedy said in a 2012 statement. “I have short-term memory loss, and I have long-term memory loss that affects me. “
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According to medical experts in The New York Times Kennedy apparently had pork worm larvae in his brain. Such larvae can live there for years without causing any problems. But they can also cause great harm, often when they start to die, causing inflammation.
Suitable candidate
Kennedy’s spokesman says he has made a full recovery and there is nothing wrong with his brain. She laughed when asked if her health problems could play a role in the presidential elections. “That’s a ridiculous proposition, considering the competition.” At 70, Kennedy is younger than Democrat Joe Biden (81) and Republican Donald Trump (77).
Kennedy presents himself as the relatively younger and fit candidate, but he has more health problems. He has been hospitalized four times for heart rhythm disorders. He also suffers from spasmodic dysphonia, which causes his vocal cords to vibrate. This makes Kennedy’s speech more difficult and often feels gloomy.
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Kennedy is known for his unique perspective on health, and especially vaccination. “If you’re not anti-vaxer, you haven’t been paying attention,” reads a sticker he likes to promote. His pet peeves: the corona vaccine kills children, vaccine manufacturers pull government strings, the pandemic was created to vaccinate the world’s population. He campaigned for years against childhood vaccinations because vaccines cause autism, hyperactivity, allergies and cancer. His organization Child Health Protection was banned by Meta.
Kennedy announced his candidacy for the American presidency last April, first as a Democrat, but in October as an independent. His family is certainly not thrilled with the claim.
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2024-05-08 20:38:28
#American #presidential #candidate #Robert #Kennedy #worm #brain #ten #years
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Robert F. Kennedy Jr. Discovers Brain Worm Misdiagnosis: Full Recovery and Presidential Aspirations