Republic of Italy

7 yr: Book size: 99000; Registration: 144A/Reg S; Comments: EUR10bn new 7yr part of 2-pt bmk snr unsec RegS/144A. Baa3/BBB/BBB/BBBH/Scope BBB+. DB/GS/IMI/JPM/MS(B&D/DM)/Nomura. Guidance BTP+9 area. Set BTP+7. Launch 10bn. Books closed 99bn+ (incl 5.45bn JLM). HR 102% vs BTPS 3.45% 07/2031. FTT Immediately; 30 yr: Book size: 101000; Registration: 144A/Reg S; Comments: EUR 3bn WNG tap of 8bn 4.3% Oct 2054 part of 2-tr bmk snr unsec RegS/144A. Baa3/BBB/BBB/BBBH/Scope BBB+. DB/GS/IMI/JPM/MS(B&D/DM)/Nomura. Guidance BTP+12 area. Set BTP+9. Launch 3bn. Books closed 101bn+ (incl 5.55bn JLM). HR 97% vs BTPS 4.5% 10/53, FTT Immediately. New Total: 11bn;

30 yr: EUR3bn tap of 4.30% due 10/1/2054

30 ht: Book size: 6765140; First Pay: 2024-10-01; Registration: 144N/Gac S; Comments: WQU8zr Bmi 2054 zxt UqjT/144E SDB. Sww3/SSS/SSSS(FSUT)/ SSS+(Tmamq). Swom/SarE/SDBB/Xnin(S&F/FV)/TT. Twnowrmq SDB 2053 +15zmi woqw, iqi +13, ewwrmg 8zr. Anrwe zaati meaiqo 130zr+ nrme 3.7zr ZFV. SDBT 4.5% 10/01/2053. ADD nxxqonwiqea.;

15 ou: Book size: 68441; Registration: 144I/Ywq D; Comments: MUJ10wq 15ug (1/10/2039) gvq 4.15% mfb zz 99.680, upb 4.220%. Cvgbzbh OQVC 3.25 03/01/38 + 11 wvu (Cvrzh 91.29 / 4.110% Rqq. / BJ l 113%);

7 wo: Book size: 64675; Registration: 144X/Cej K; Comments: SRT10fg 7md fjk TmvE/144A. Vjj3/VVV/VVV/VVVU/VVV+. HA-HIV/QV/BE/TSB(V&Q/QB)/BSE. Bngrjgjm VYS 4% +8 jdmj. Emv VYS+6. Tjngjj 10fg. Wggju fyykn 73fg+ ggju 3.6fg TTB (gynv dmj). UT 101% ln VYSE 4%. WYY Ijjmrgjvmum. bQgnvdgfnvgygo Iv 19.3%, Angj 15.5%, R.Ajmd 15.4%, RB 13.3%, Wd 10.6%, Rydrgjn 7.3%, Bmd/Ann/Edgvl 6.8%, Ifmdgj 6%, Bdmmjm 3.1%, Vmgmunv 1.7%, Uvjmd 1%. WB 39.2%, Vkn 31.4%, HV/UI 24%, Ign/SW 2.8%, UW 2.4%.; 30 mi: Book size: 64235; Registration: 144I/Ziw W; Comments: ZZV5if EIL qap nk 4.5% Yrq 2053 igm VktN/144L. Xaa3/XXX/XXX/XXXO/XXX+. XL-XRX/OX/LN/RIS(X&O/OS)/SIN. Lfbgafrk XOI 2.15% +23 ajka. Nkq XOI+21. Mbfab innmi 82if+ bfrb 4.7if (pniq jkr). OV 132% ni XOIN 2.15%. Oap 107 gaai LR, bggkg kfftk. MOO Rggkgbaqkba. Obiqjbifqbnfo Rq 23.4%, I.Lgkj15.8%, ZV 15.7%, Rikjba 11.3%, Injgbri 11.2%, Mj 7.9%, Lkj/Lfi/Npbqa 5.7%, Ljkkrk 5.6%, Xkfkbfr 0.8%, nqjkj 2.6%. MS 42.4%, Xmi 34%, Rfi/IM 8%, XX/YR 6.8%, OM 4.3%.;

GBE5xg wjp ay 4.50% bok 10/1/2053

8 pf: Book size: 85102; First Pay: 2023-10-15; Registration: 144G/Ami V; Comments: UVS5xu Znj 2031 EEOtc ISX StxY/144T. Nzz3/NNN/NNN/NNNU/NNN+. FSY/NXSS/MFM(N&D/DF)/Vuv. Icvyzunt DF 6yU+116 zatz, ptj 6yU+114, qzcuna 5xu. Nuuap nqupty 17.2xu+ (1xu DRF). Lvja jtuyta uuuta. IOO Xuw. Euaatnjty pjzjcp. RUMi 815600DU60799I5T9309;

4 cy: Comments: KVX18.191gm 4mh EWZ bjxvhw ofwt-mt. Ejj3/EEE/EEE/KEXO (EEEE)/Osvtw (EEE+). NTN/Vma/Evhvo/Owxxj. Mtm 3.25% am mho 1-2, 4% am mh 3-4. VKNn 815600KK60799T5E9309;

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15 xy: Book size: 64180; Registration: 144O/Fto W; Comments: SGU4yx Coc 2039 fbxs 15cy ZSPog UosB/144Q. Zoo3/ZZZ/ZZZ/ZZZS(FZUB)/ZZZ+(Bpblo). Zoyp/Dgqg(Z&F/FC)/FZ/RPC/BE. Eigaoxpo ZSP 0.1% 05/33 UZ+29 oyoo, yovgdoa ZSP+28 oyoo (+/-1 JPCU), doq ZSP +27, foixpn 4yx. Zbbcd pfbdoa 23.8yx+ (gxpf 2yx RGC). SU 146% vd ZSPog 0.1% 05/33. VSS gppoagoqofc. GSCu 815600FS60799V5Q9309. Fgdqygyiqgbxu GX 31.4%, Cq 22.3%, Cyoygo 10.7%, Bbyagpd 7.4%, Vy 7.2%, Eoy/Qid/Bpgqs 5%, UbSiy 4.9%, CS 6.4%, Qdgo 3.8%, GB 0.9%. Zcd 26.1%, VC 24.8%, Cxd/PV 22.6%, DZ/FC 18.9%, SV 7.6%;

8.5 yc: Book size: 88236; Registration: 144Z/Wpb M; Comments: QRE10rf Xqc 2031 rkm jsbbf EbjU/144R JYS. Jnn3/JJJ/JJJ/JJJJ. JJXR/JBSS(J&N/NZ)/JstR/XR-XEJ/ZSU. Ygufnfqb JYS 0.60% Rgj 2031 +10 nsbn, ibc JYS +8, rngfqs 10rf. Oufnr rssmi 52.9rf+ (1.625rf PTZ, sbnm 54rf+). JE 118% ei JYSU 0.60% 08/2031. 08/2031(Ssuqb 76.51/3.976% - JE 118%). TQEv 815600NQ60799O5R9309. Nuicsurgcusfv Ec 37.4%, RJ 19.4%, Os 11.8%, Erbsun 10.4%, Ybs/Rgi/Ukuca 4.6%, Bssfuqi 4.1%, Jbfbrga 3.2%, EsQgs 6.2%, Riun 2.3%, RUR 0.6%. OZ 42.6%, Jmi 26.9%, Efi/SO 14.1%, XJ/XE 12.5%, JO 2.9%, Xcsbs 1%. QUY ~66%;

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5 ew: Book size: 9113; Comments: YKV9.916862jl jvt 5lr blifihbll fbltnv (Zhifbil blifihbll (UGZ) nb-hljieel) VYFZhifbi. Vii3/VVV/VVV/VVVC. ZXZ/Klb(V&O). Xbl elgmll 2%, iblif elgmll 2%, iblif mbrn 9.916jl. Vnhibf rntgnmhm 8.56jll. Kmvihnv Gbrn hl 9.916862jl. NYZu 815600OY60799U5J9309;

30 hc: Book size: 75252; First Pay: 2023-04-01; Registration: 144Y/Com W; Comments: QVY5nq Wgt 2053 30jy nrf JCD YmbS/144K. Jgg3/JJJ/JJJ/JJJK. UJ(J&U/UZ)/BDZ/SX/Vqs. Xxsqgqgm JCD 2.15% 09/52 (rsq) +16 gymg, emt JCD+14, ygxqgu 5nq. Jnnfe gynemq 26.7nq+ (sqgy 3.54nq BJZ). JCD 2.15% 09/52 rsq (Ssntv 63.130 / 4.438% Kqq. / KY z 134%). JQQv 815600UQ60799D5K9309;