Strong demand for government stocks

A strong demand has been registered by the public and institutional investors for the May 2011 issues of Government Stocks, including two Fixed Rate MGSs and one Floating Rate MGS.

By the closing dates at 5 p.m. on Wednesday and at noon today, the treasury had received the following applications/bids:

Fixed Rate MGSs

3,850 applications/bids having a total nominal value exceeding 198 million euros against the authorised sum on issue of 100 million euros (subject to an over-allotment option for an additional amount of 50 million euros).  

The Treasury is allotting  the accepted amount as hereunder:

The Treasury announces that all subscriptions by members of the public amounting to 67,825,000 euros will be accepted in full.

Floating Rate MGS

Treasury received 22 bids having a total value of  102.65 million euors against the authorised sum on issue of 52 million euros.

The Treasury is allotting  the accepted amount as hereunder: