A strong demand by the public and institutional investors to the latest government stock issue ohas been reported.
By closing dates (5 p.m. on Wednesday and noon today), the Treasury had received 6,052 applications/bids having a total value exceeding 326 million euro against the authorised sum on issue of 120 million euro (subject to an over-allotment option for an additional amount of 80 million euro).
The Treasury is allotting the accepted amount as hereunder:
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|
Applications/Bids Received |
Allotment |
||
|
|
Public/Financial Institutions |
Members of the Public |
Financial Institutions |
|
|
|
Amount (€) |
Amount (€) |
Amount (€) |
|
|
MGS 4.25% 2017 (III) offered for members of the public at the Price of €101.25 |
241,063,300 |
52,563,300 |
62,500,000 |
|
|
|
|
|
|
|
|
MGS 5.25% 2030 (I) F.I. offered for members of the public at the Price of €101.50 |
85,721,400 |
55,221,400 |
29,500,000 |
|
|
|
|
|
||
|
TOTAL |
326,784,700 |
107,784,700 |
92,000,000 |
|
The Treasury said that all subscriptions by the public amounting to Euro 107,784,700 will be accepted in full.