Record demand for over €157 billion of the 15-year Treasury bonds offered by the Italian government to savers. The Ministry of Economy and Finance (MEF) announced the results of the issuance of the bond, which matures on October 1, 2041, and offers an annual coupon of 3.95%, distributed in two semi-annual payments. The total amount issued was €14 billion, the highest ever recorded for this maturity, against record demand of over €157 billion. Bidding recorded a bid-to-cover ratio of 11.26 times, exceeding even the high interest recorded in the February 2025 placement of the 15-year BTP, when €13 billion was allotted against over €134 billion in demand (bid-to-cover ratio of 10.31). This level of participation highlights how interest in Italian debt is not episodic but rather structural.