The Treasury said this evening that due to the strong demand for the latest Malta Government Stock issue, the subscription was closed at 5.00pm today shortly after the amount of applications received from members of the public exceeded the amount on issue and the over allotment option. The Treasury will exercise its option to utilize the additional sum of €60 million so that the aggregate amount to be allocated will be increased to €180 million.
No further applications from the public will be accepted and the auction which was scheduled for Monday March 2 has been cancelled.