The government this morning hailed the success of its latest bond issue as a sign of confidence in the economy.

It noted how the Treasury yesterday closed the bond issue after applications for more than €180 million were received in two days. The issue was for €120m plus €60m over-allotment.

The offer was meant to close after four days.

The government noted that the money was collected in just over eight hours, with almost €350,000 being sold per minute.

The success, it said, came hot on the heels of figures which showed that bank deposits 'by Maltese families' had exceeded €9 billion and car purchases last year were up 23% on 2012. 

The success, the government said, was in stark contrast to the 'negativity' of the opposition.  

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