The Treasury received 47 bids having a total nominal value of €107.8 million against the authorised sum on issue of €50 million (subject to an over-allotment option for an additional amount of €30 million).

In a statement the Treasury said it is allocating the accepted amount of €79.7 million as follows:

Floating Rate MGS 2018 (VI) linked to the six month Euribor + 90bps -
€50,550,000 bids received, €38,950,000 to be allocated.

Floating Rate MGS 2019 (IV) linked to the six month Euribor +100bps - €57,250,000 bids received, €40,750,000 to be allocated.

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