Government stocks oversubscribed
A total of 4,953 applications/bids having a total value of €216,153,406 have been received by the Treasure against the authorised sum on issue of €100 million in government stocks. The applications/bids have been received as follows: The applications...
A total of 4,953 applications/bids having a total value of €216,153,406 have been received by the Treasure against the authorised sum on issue of €100 million in government stocks. The applications/bids have been received as follows:
The applications from the public have a nominal value of €152,653,406, and 18 bids from the institutional investors have a nominal value of €63,500,000.
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Applications/Bids Received |
Nominal Value |
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Public/Financial Institutions |
Members of the Public |
Financial Institutions |
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Amount (€) |
Amount (€) |
Amount (€) |
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MGS 3.75% 2015 (VI) FI offered for members of the public at the Price of €103.50 |
351 |
6,202,606 |
61,000,000 |
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MGS 5.25% 2030 (I) FI offered for members of the public at the Price of €101.50 |
4,602 |
146,450,800 |
2,500,000 |
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Since the issuance was over-subscribed by the public there was no balance available to be allocated under the auction/bid system.
The allotment will be issued on Monday.