'Positive' response to stock issue
The Treasury has received over 1,000 applications for a value exceeding the amount of stock issued by the government this week.
The response from both small and institutional investors was described as positive.
The government said 1,129 applications were received for a total value of €129 million, so that the €100 million issue was subject to an over allotment option of an additional €20 million. In all, the Treasury accepted applications worth a total of €108,367,600.
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Galea. L
Jun 27th 2009, 10:04
They were certainly not taken up by workers and pensioners.