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...

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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