More than 500 apply for government stock
The Treasury received 548 applications having a total value exceeding €70 million against the authorised sum on issue of €60 million (subject to an over-allotment option for an additional amount of Euro 20 million) by the closing time today of the latest government stock issue.
It said that all subscriptions by the public amounting to €8,551,100 would be accepted in full, while offers by the institutional investors were being allotted in the order of the bid price offered covering an allotment of €54,500,000.
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CassarA
Apr 3rd 2009, 21:30
@Galea L
548 applications include also instututions, banks, etc. So your €128000 is far from reality.
Make sure you know how it works before putting incorrect comments
GaleaL
Apr 3rd 2009, 19:58
That means that those taking up the offer have applied for €128,000 per capita.
Does anyone think that they are workers or pensioners?