The public and institutional investors have responded positively to the latest Government Stock issues.

By closing dates - last Wednesday at 5 p.m. and noon today, the Treasury had received 1,129 applications having a total value exceeding 129 million euros against the authorised sum on issue of 100 million euros (subject to an over-allotment option for an additional amount of 20 million euros.

Out of these applications, the Treasury has accepted a total nominal value of 108,367,600 euros to be allotted among the two stocks on issue as follows:

MGS 5.20% 2020(I) FI issued at 103.50 – 25,550,400 euros and

MGS 3.6% 2013 (IV) FI issued at 99.50 – 82,817,200 euros.

The Treasury said that all subscriptions by the public, amounting to 19,867,600 euors will be accepted in full while the offers by the institutional investors will be allotted in the order of the bid price offered.

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