TABLE -A GOVERNMENT BOND SINKING FUND PROSPECTUS OF BUDGET

Transcription

1 TABLE -A GOVERNMENT BOND SINKING FUND PROSPECTUS OF BUDGET Source Date of income Budget value Budget Date transferred (reason) in budget (Italian format) (values expressed in lire) item to Account 522 c/o BI IMI Privatization 16 and 17-Feb-94 1,593,103,243,980 23/12/94 07-Jul ,352,425,000 01/09/95 15-Jul ,395,762,449 10/09/96 INA Privatization 13 July to 11 Oct-94 4,327,460,413,004 23/12/94 15-Feb-95 2,080,743,000 08/06/95 31-Oct-95 1,682,364,679,000 29/12/95 ENI Privatization 5 Dec to 29 Dec-95 5,755,868,222,753 18/03/96 5 Dec to 29 Nov-96 7,286,110,942,898 03/02/97 12-Dec-96 1,157,824,023,607 03/02/97 24-Dec ,802,709,014 21/03/97 21-Mar-97 3,075,508,586 21/03/97 12-May-97 1,785,363,041 06/10/97 20-May-97 35,266,371,700 06/10/97 8 Jul to 15 Jul-97 12,845,480,274,264 06/10/97 Revenue adjustments over ENI 3 contract notes 29-Jul ,794,935 15/10/97 San Paolo Torino privatization 03-Jun ,407,222,675 06/10/97 TELECOM privatization 04-Nov-97 15,932,385,130,921 21/11/97 06-Nov-97 3,946,811,336,608 21/11/97 SEAT S.p.A. privatization 25-Nov-97 1,630,617,962,149 25/02/98 Sale of Banco di Napoli rights 04-Dec ,032,965 14/09/98 San Paolo To privatization (final balance) 16-Dec-97 58,103,447 08/06/98 Real estate sale dec ,975,028,000 14/09/98 Telecom privatization ( greenshoe) 07-Jan-98 2,442,605,318,793 08/06/98 Telecom share loan 07-Jan-98 2,927,342,466 08/06/98 Banco di Napoli 22-Jan-98 47,203,635,269 14/09/98 ENI 2: release of amounts under attachment 27 and 29-Jan-98 5,568,430,588 08/06/98 Quota 1997 loan convertible to INA stocks 16-Feb-98 15,000,000 29/09/98 Stock adjustment SEAT S.p.A. 12-May-98 10,453,706,708 21/12/99 Erroneous payment IVA Mor. Stanley privat. Telecom 16-Jun-98 5,864,414,815 29/09/98 ENI 4 07-Jul-98 11,556,696,141,598 29/09/98 ENI 4 (greenshoe) 27-Jul-98 1,141,296,827,274 29/09/98 Stock loan ENI 27-Jul ,423,288 29/09/98 Bonds converted to stock INA 30-Jul-98 1,103,358,056,350 29/09/98 BNL privatization global offer 01-Dec-98 3,454,061,883,459 17/12/98 Privatization BNL stable nucleus 03-Dec-98 2,576,190,167,340 17/12/98 Payment ENI 4 commission with relative interest 21-Dec ,515,426 21/05/99 Deposit authoriz. n (burdens reserve fund) 21-Dec ,311,349,670 02/06/99 Privatization BNL greenshoe 04-Jan ,108,649,803 21/05/99 Bonds converted to INA stock 10-Mar ,863,333,200 06/10/99 BNL privatiz. (int. accrued in escrow account) 10-Jun ,187,546 15/11/99 Bonds converted to INA stock 17-Aug ,624,888,820 22/12/00 ENEL privatization 05-Nov-99 29,712,888,732,251 09/11/99 Deposit without specific reason 13-Dec-99 2,583,370,676 28/09/00 Privatization ENEL green shoe Mediocredito Centrale privatization 14-Dec Dec-99 1,710,239,934,879 3,904,019,148,000 14/04/00 14/04/00 Privatization UNIM 12-Jan-00 41,846,754,372 14/04/00 Bonds converted to INA stock Banca CIS privatization 17-Feb May-00 1,193,346,821,625 42,035,000,000 19/07/00 28/09/00 Privatization BNL (global offer) 17-Jul ,154,194 22/12/00 Privatization Meliorbanca 27-Jul-00 28,978,125,000 22/12/00 Bonds converted to INA stock 26-Sep-00 34,668,914,195 04/12/01 Activity upon closure of current acct /23/32 BCI Mediocredito Lombardo privatization 26-Sep Sep ,087,085 74,915,591,948 to be transferred 09/01/01 IRI - liquidation advance 27-Nov-00 8,000,000,000,000 01/03/01 Banco Napoli - OPA SANPAOLO 01-Dec ,747,728,765 01/03/01 License allocation UMTS (90%) 11-Dec-00 20,736,000,000,000 15/12/00 ENI 5 21-Feb-01 5,226,107,381,678 28/03/01 Privatization Meliorbanca (difference) 26-Feb-01 29,050,319,520 20/04/01 IRI - liquidation advance 16-Mar-01 3,000,000,000,000 20/04/01 Dismission S. Paolo IMI stocks (residual quota) 12-Jun ,144,396,649 13/11/01 Dismission Beni Stabili S.p.A. stocks 20-Jun-01 4,472,937,750 13/11/01 Dismission Mediocredito Centrale S.p.A. stocks 12-Jul-01 2,257,357,120 13/11/01 License allocation UMTS (deposit no. 2 and interest) 30-Nov ,813,984, to be transferred Total privatization income 157,838,295,306,612 Profits and dividends Jan-Dec ,417,497, /10/95 Feb ,196,011, /12/95 Voluntary deposits Jan-Dec ,700, /09/95 Jan.-Dec ,016, /03/96 Jan-Dec ,704, /03/97 Jan-Dec ,766, /09/98 Jan-Dec ,500, to be transferred 13-Apr , /09/00 22-Nov , /03/01 Other Jan-Dec ,826,950, /12/97 Jan-Dec ,714,038, withdrawn without reason Extra allocations (Enel reserves) 11-Oct-99 4,421,950,200, /11/99 Extra allocations (IRI reserves) 13-Dec-99 2,107,469,517, /04/00 Reimbursmt. from budget for erron. fixed-bond pymt. dec ,873,900 account /12/99 Reimbursmt. from budget for erron. fixed-bond pymt. year ,755,790 account 523 accredited year 2000 Restitution of BI commissions on year 2000 reimbrsmt. 23-Feb-01 3,330 account /02/01 General budgetary income total 164,451,270,530,055 Emissions balance (ex reserve fund) 5,961,000,000,000 16/10/95

2 TABLE - B TRANSFERS GOVERNMENT BONDSINKING FUND FOR BONDS FUND FLOWS AND UTILIZATION UTILIZATIONS (values expressed in lire) (values expressed in lire) Amounts transferred 12/23/94 5,920,563,657,000 1st purchase 11/30/95 by auction 3,197,076,913,106 Amounts transferred 06/08/95 2,080,743,000 2nd purchase 12/21/95 by auction 2,629,440,576,075 Amounts transferred 09/01/95 913,365,125,000 3rd purchase 06/24/96 by auction 2,249,336,661,480 Amounts transferred 10/16/95 6,035,417,497,512 4th purchase 11/03/97 by auction 6,814,171,541,171 Amounts transferred 12/04/95 2,196,011,000 5th purchase 12/19/97 by auction 2,908,594,989,200 Amounts transferred 12/29/95 1,682,364,679,000 6th purchase 11/24/99 by auction 7,245,638,985,959 Amounts transferred 03/18/96 5,755,870,238,000 7th purchase 05/25/00 by auction 5,157,078,857,221 Amounts transferred 09/10/96 493,395,762,000 8th purchase 06/22/01 by auction 4,355,489,440,872 Amounts transferred 02/06/97 8,443,934,966,000 Redemption 10/01/ BTP 4,500,000,000,000 Amounts transferred 04/01/97 3,075,508,000 Redemption 11/20/ CTO 4,442,672,520,900 Amounts transferred 04/01/97 288,811,413,000 Redemption 12/01/ BTP 14,913,300,000,000 Amounts transferred 10/15/97 13,159,939,231,000 Redemption 10/30/ CTZ 10,616,334,852,500 Amounts transferred 10/30/97 126,794,000 Redemption 11/01/ BTP 3,398,929,000,000 Amounts transferred 11/21/97 19,879,196,467,000 Redemption 06/30/97-12/30/98 CTZ 6,000,001,345,000 Amounts transferred 12/18/97 3,826,950,000 Redemption 11/01/92-11/01/99 CCT 1,832,586,129,973 Amounts transferred 02/25/98 1,630,617,962,000 Redemption 11/22/94-11/22/99 CTE 2,893,742,097,423 Amounts transferred 06/08/98 2,445,590,764,000 Redemption 12/01/94-12/01/99 BTP 12,663,347,503,577 Amounts transferred 06/08/98 5,568,430,000 Redemption 12/15/97-12/15/99 CTZ 11,357,955,930,401 Amounts transferred 09/14/98 49,849,462,000 Redemption 04/15/98-04/15/01 BTP 10,068,604,000,000 Amounts transferred 09/29/98 13,807,704,863,000 Redemption 05/14/99-05/14/01 CTZ 7,329,653,271,500 Amounts transferred 12/17/98 6,030,252,050,000 Advance Reimbrsmts(D.M ) on ,818,583,843 Amounts transferred 05/21/99 547,525,165,000 Advance Reimbrsmts(D.M ) on ,347,552,689 Amounts transferred 06/02/99 106,311,349,000 Advance Reimbrsmts(D.M ) on ,975,386 Amounts transferred 10/06/99 981,863,333,000 Adv. reimbrsmts. (D.M ) on ,996,005 Amounts transferred 11/09/99 29,712,888,732,251 Redemption Enel unsettled account 251 Amounts transferred 11/19/99 4,421,950,200,000 Purchases through the Bank of Italy 10/31/96 1,498,681,726,000 Amounts transferred 11/19/99 269,187,000 Purchases through the Bank of Italy 12/31/96 653,268,792,000 Amounts transferred 12/21/99 10,453,706,000 Purchases by mandate settled on 11/23/00 2,926,952,664,307 Amounts transferred 12/21/99 113,873,900 Purchases by mandate settled on 12/07/00 874,312,083,672 Amounts credited 01/31/00 2,959,100 Purchases by mandate settled on 12/29/00 12,993,564,091,081 Amounts credited 02/21/00 179,835,260 Purchases by mandate settled on 08/08/01 1,902,525,468,693 Amounts credited 04/07/00 68,961,430 Purchases by mandate settled on 12/17/01 1,062,099,938,963 Amounts transferred 04/14/00 7,763,575,354,000 Purchases by mandate settled on 12/18/01 844,603,166,826 Amounts transferred 07/19/00 1,193,346,821,000 Purchases by mandate settled on 12/19/01 79,370,820,822 Amounts transferred 09/28/00 44,618,500,000 1st payment STET shares 12/27/96 3,000,000,000,000 Amounts transferred 12/15/00 20,736,000,000,000 2nd payment STET shares 03/12/97 6,300,000,000,000 Amounts transferred 12/22/00 29,108,279,000 3rd payment STET shares 06/16/97 2,200,000,000,000 Amounts transferred 12/22/00 236,624,888,000 4th payment STET shares12/17/97 5,000,000,000,000 Amounts credited 01/23/01 3,330 5th payment STET shares 01/02/98 2,595,412,770,693 Amounts transferred 01/09/01 74,915,591,000 6th payment STET shares 04/02/98 1,500,000,000,000 Amounts transferred 03/01/01 8,955,748,288,000 7th payment STET shares 06/18/98 4,043,961,497,240 Amounts transferred 03/28/01 5,226,107,381,000 8th payment STET shares 07/24/98 21,115,902,857 Amounts transferred 04/20/01 3,029,050,319,000 Amounts transferred 11/13/01 111,874,691,000 Amounts transferred 12/04/01 34,668,914,000 Interest accrued on 01/01/95 4,113,232,930 Interest accrued on 07/01/95 278,068,323,814 Interest accrued on 01/01/96 446,700,478,431 Interest accrued on 07/01/96 649,374,315,524 Interest accrued on 01/01/97 454,499,883,934 Interest accrued on 07/01/97 126,377,871,877 Interest accrued on 01/01/98 182,795,290,145 Interest accrued on 07/01/98 66,131,694,233 Interest accrued on 01/01/99 82,885,368,857 Interest accrued on 07/01/99 7,221,915,781 Interest accrued on 01/01/00 71,373,060,453 Interest accrued on 07/01/00 36,155,277,706 Interest accrued on 01/01/01 97,316,007,374 Interest accrued on 07/01/01 284,888,386,155 Sinking Fund Activity 172,558,916,010,997 Total Fund Debits 172,217,298,647,686 Stock as of 12/31/01 Stock as of 12/31/01 in uros L. 341,617,363, ,430,644.13

3 TABLE - C MOVEMENNTS OF SINKING FUND BROKEN DOWN BY YEAR (Values expressed in lire) TRANSFERS UTILIZATIONS 1994 Total Cost 1st auction buyback 11/30/95 3,197,076,913,106 Total 1995 Amounts transferred on 12/23/94 5,920,563,657,000 5,920,563,657,000 Cost 2nd auction buyback 12/21/95 2,629,440,576,075 5,826,517,489,181 Amounts transferred on 06/08/95 2,080,743,000 Cost 3rd auction buyback 06/24/96 2,249,336,661,480 Amounts transferred on 09/01/95 913,365,125,000 Buyback through Bank of Italy 10/31/96 1,498,681,726,000 Amounts transferred on 10/16/95 6,035,417,497,512 Buyback through Bank of Italy 12/31/96 653,268,792,000 Amounts transferred on 12/04/95 2,196,011, Total Redemption of 10/01/1993/96 BTP 4,500,000,000,000 Amounts transferred on 12/29/95 1,682,364,679,000 8,635,424,055,512 Redemption of 11/20/1990/96 CTO 4,442,672,520,900 Total 1996 Amounts transferred on 03/18/96 5,755,870,238, Total 1st payment STET stocks 12/27/96 3,000,000,000,000 16,343,959,700,380 Amounts transferred on 09/10/96 493,395,762,000 6,249,266,000,000 2nd payment STET stocks 03/12/97 6,300,000,000,000 Amounts transferred on 02/06/97 8,443,934,966,000 3rd payment STET stocks 06/16/97 2,200,000,000,000 Amounts transferred on 04/01/97 3,075,508,000 Cost 4th purchase by auction 11/03/97 6,814,171,541,171 Amounts transferred on 04/01/97 288,811,413,000 Redemption of 12/01/1994/97 BTP 14,913,300,000,000 Amounts transferred on 10/15/97 13,159,939,231,000 4th payment STET stocks 12/17/97 5,000,000,000,000 Total 1997 Amounts transferred on 10/30/97 126,794,000 Cost 5th purchase 12/19/97 2,908,594,989,200 38,136,066,530,371 Amounts transferred on 11/21/97 19,879,196,467, Total 5th payment STET stocks 01/02/98 2,595,412,770,693 Amounts transferred on 12/18/97 3,826,950,000 41,778,911,329,000 6th payment STET stocks 04/02/98 1,500,000,000,000 Amounts transferred on 02/25/98 1,630,617,962,000 7th payment STET stocks 06/18/98 4,043,961,497,240 Amounts transferred on 06/08/98 2,445,590,764,000 8th payment STET stocks 07/24/98 21,115,902,857 Amounts transferred on 06/08/98 5,568,430,000 Redemption of 10/30/1996/98 CTZ 10,616,334,852,500 Amounts transferred on 09/14/98 49,849,462,000 Redemption of 11/01/1995/98 BTP 3,398,929,000,000 Amounts transferred on 09/29/98 13,807,704,863, Total Redemption of 06/30/97-12/30/98 CTZ 6,000,001,345,000 Total 1998 Amounts transferred on 12/17/98 6,030,252,050,000 23,969,583,531,000 Advance Redemption (D.M ) on ,818,583,843 28,321,573,952,133 Amounts transferred on 05/21/99 547,525,165,000 Advance Redemption (D.M ) on ,347,552,689 Amounts transferred on 06/02/99 106,311,349,670 Redemption of Enel unsettled account 251 Amounts transferred on 10/06/99 981,863,333,000 Redemption of 11/01/92-11/01/99 CCT 1,832,586,129,973 Amounts transferred on 11/09/99 29,712,888,732,251 Redemption of 11/22/94-11/22/99 CTE 2,893,742,097,423 Amounts transferred on 11/19/99 4,422,219,387,000 Redemption of 12/01/94-12/01/99 BTP 12,663,347,503,577 Amounts transferred on 12/21/99 113,873, Total Redemption of 12/15/97-12/15/99 CTZ 11,357,955,930,401 Total 1999 Amounts transferred on 12/21/99 10,453,706,000 35,781,375,546,821 Cost 6th purchase 11/24/99 by auctio 7,245,638,985,959 35,994,618,200,273 Amounts transferred on 01/31/00 2,959,100 Cost 7th purchase5/25/00 by auction 5,157,078,857,221 Amounts transferred on 02/21/00 179,835,260 Adv. Redemption. (D.M ) on ,975,386 Amounts transferred on 04/07/00 68,961,430 Purchases by mandate paid on 11/23/00 2,926,952,664,307 Amounts transferred on 04/14/00 7,763,575,354,000 Purchases by mandate paid on 12/07/00 874,312,083,672 Total 2000 Amounts transferred on 07/19/00 1,193,346,821,000 Purchases by mandate paid on 12/29/00 12,993,564,091,081 21,952,168,671,667 Amounts transferred on 09/28/00 44,618,500,000 Cost 8th purchase 06/22/01 by auction 4,355,489,440,872 Amounts transferred on 12/15/00 20,736,000,000,000 Redemption of 04/15/98-04/15/01 BTP 10,068,604,000,000 Amounts transferred on 12/22/00 29,108,279, Total Redemption of 05/14/99-05/15/01 CTZ 7,329,653,271,500 Amounts transferred on 12/22/00 236,624,888,000 30,003,525,597,790 Adv. Redemption (D.M ) on ,996,005 Amounts credited on 01/23/01 3,330 Purchases by mandate paid on 08/08/01 1,902,525,468,693 Amounts transferred on 01/09/01 74,915,591,000 Purchases by mandate paid on 12/17/01 1,062,099,938,963 Amounts transferred on 03/01/01 8,955,748,288,000 Purchases by mandate paid on 12/18/01 844,603,166,826 Total 2001 Amounts transferred on 03/28/01 5,226,107,381,000 Purchases by mandate paid on 12/19/01 79,370,820,822 25,642,394,103,682 Amounts transferred on 04/20/01 3,029,050,319,000 Amounts transferred on 11/13/01 111,874,691, Total Amounts transferred on 12/04/01 34,668,914,000 17,432,365,187,330 Total transfers 169,771,014,904,453 INTEREST Interest accrued on 01/01/95 4,113,232, Total Interest accrued on 07/01/95 278,068,323, ,181,556,744 Interest accrued on 01/01/96 446,700,478, Total Interest accrued on 07/01/96 649,374,315,524 1,096,074,793,955 Interest accrued on 01/01/97 454,499,883, Total Interest accrued on 07/01/97 126,377,871, ,877,755,811 Interest accrued on 01/01/98 182,795,290, Total Interest accrued on 07/01/98 66,131,694, ,926,984,378 Interest accrued on 01/01/99 82,885,368, Total Interest accrued on 07/01/99 7,221,915,781 90,107,284,638 Interest accrued on 01/01/00 71,373,060, Total Interest accrued on 07/01/00 36,155,277, ,528,338,159 Interest accrued on 01/01/01 97,316,007, Total Total Fund utilizations 172,217,298,647,686 Interest accrued on 07/01/01 284,888,386, ,204,393,529 Total Fund debits in uros 88,942,812,029 Total interest 2,787,901,107,214 Stock as of ,617,363,981 Sinking Fund Activity 172,558,916,011,667 Stock as of in uros 176,430,644

4 TABLE -D YEAR 2001 SUMMARY OFTHE DEBT REDUCTION OPERATIONS ( nominal amounts in million uros) Settlement Date Security tipology Date Issue/Maturity Coupon or spread Auction (A) Mandate to the Specialist Redemptions at maturity 15-Apr-01 B.T.P / , May-01 C.T.Z / , Jun-01 B.T.P / Jun-01 B.T.P / Jun-01 C.C.T / , Aug-01 B.T.P / Aug-01 B.T.P / Dec-01 B.T.P / Dec-01 B.T.P / Dec-01 B.T.P / Dec-01 B.T.P / Dec-01 B.T.P / Dec-01 B.T.P / Dec-01 B.T.P / TOTAL 2,209 2,000 9,200 TOTAL BUYBACK (A+B+C) 13,409 TOTAL BTP 1,142 2,000 5,200 TOTAL CCT 1, TOTAL CTZ - - 4,000

5 TABLE - E "Government Bond Sinking Fund" YEAR 2001 MANAGEMENT FINANCIAL STATEMENT (values expressed in lire) Transfers by mandate for the year 2001 ITEM 9565 Available 12/31/00 8,169,441,886,133 Debits 2001 commission 2001 interest 2001* Cost of purchase by auction 06/22/01 4,355,489,440,872 74,915,591,000 97,316,007,374 Purchases by mandate paid on 08/08/01 1,902,525,468,693 8,955,748,288, ,888,386,155 Purchases by mandate paid on 12/17/01 1,062,099,938,963 5,226,107,381,000 Purchases by mandate paid on 12/18/01 844,603,166,826 3,029,050,319,000 2* direct credits to account 522 Purchases by mandate paid on 12/19/01 79,370,820, ,874,691,000 for corrections BTP maturity Reimb. 04/15/98-04/15/01 10,068,604,000,000 34,668,914,000 3,330 CTZ maturity Reimb. 05/14/99-05/1501 7,329,653,271,500 Adv. Reimb.(D.M ) for year ,996,005 TOTAL (a) TOTAL (b) 17,432,365,184, ,204,396,859 Total of the increases (a)+(b) 17,814,569,580,859 Total transfers 2001 Avail Incr ,432,365,184,000 25,984,011,466,992 Total management cost (E) (Fund debits) 25,642,394,103,681 Available funds on 12/31/01 341,617,363,311 Nominal or capital reimbursed Accrued interest paid from the fund Contingencies and commissions 3* Existent liabilities Total Fund subtractions (E)=(A)+(B)+(C)-(D) 4,277,220,430,000 54,079,577,016 24,189,433,856 1,936,270,000,000 28,844,699,386 62,589,230,693 25,642,394,103,681 1,035,904,450,000 7,797,051,423 18,398,437, ,914,750,000 6,743,800,898 14,944,615,928 77,450,800, ,376,902 1,347,643,920 Capital reimbursed 10,068,604,000,000 25,548,056,701,500 7,329,653,271,500 39,000, ,620 8,065,385 (A) (B) (C) (D) 25,548,056,701,500 98,038,436,246 58,888,196,629 62,589,230,693 1* Interest is credited directly on January 1st and July 1st every year to account no. 522 in the Bank of Italy, in the name of the Fun 2* Other amounts for corrections are accredited directly to account no * The existent liabilities have an opposite sign compared to the other subtractions (they are not paid).

6 GOVERNMENT BOND SINKING FUND - Management (nominal values) BTP Buyback mln. BTP Redemption at maturity mln. CTZ Redemptions at maturity mln. CCT Buyback mln. Advanced redemption 39 mln.l

7 GOVERNMENT BOND SINKING FUND management - CTZ Redemptions at maturity mld. lire Auction buying mld. lire Buying by mandate mld. lire BTP Redemptions at maturity mld. lire Advanced redemption 48 mln. lire

8 DEBT-REDUCTION OPERATIONS REGARDING AMOUNTS MATURING IN 2001 (nominal values in millions of uros) mln. 40,000 35,000 30,000 25,000 20,000 15,000 10,000 5,000 - Jan-01 Feb-01 Mar-01 Apr-01 May-01 Jun-01 Jul-01 Aug-01 Sep-01 Oct-01 Nov-01 Dec-01 bot btp cct ctz cte foreign redemptions at maturity

9 DEBT-REDUCTION OPERATIONS REGARDING AMOUNTS MATURING IN 2002 (nominal values in millions of euros) 40,000 35,000 30,000 mln. 25,000 20,000 15,000 10,000 5,000 - Jan-02 Feb-02 Mar-02 Apr-02 May-02 Jun-02 Jul-02 Aug-02 Sep-02 Oct-02 Nov-02 Dec-02 BOT BTP CCT CTZ Foreign currency debt FS Treasury buyback

10 DEBT-REDUCTION OPERATIONS REGARDING AMOUNTS MATURING IN 2003 (nominal values in millions of uros) 30,000 25,000 20,000 mln. 15,000 10,000 5,000 - Jan-03 Feb-03 Mar-03 Apr-03 May-03 Jun-03 Jul-03 Aug-03 Sep-03 Oct-03 Nov-03 Dec-03 BTP CCT Foreign Treasury buyback