MILAN, Nov 6 (Reuters) - Banca Popolare di Milano SpA said on Thursday it would offer new mortgages indexed to the European Central Bank interest rate plus a 1.5 percent spread rather than to the Euribor rate.
The new mortgages, which will be available as of next Monday, will have a maximum duration of 30 years, the bank said in a statement.
(Reporting by Stephen Jewkes)

(stephen.jewkes@thomsonreuters.com; +39 02 6612 9695; Reuters Messaging: stephen.jewkes@reuters.com@reuters.net)

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