Strong interest in government stock issue

There has been a strong demand both by members of the public and institutional investors to the latest Government Stock issue of February 2011, government said.

18 February 2011, 12:00am

In a statement, government said that by by closing dates (5:00 pm Wednesday 16th February, 2011 and noon Friday 18th February, 2011), the Treasury had received 6,052 applications/bids having a total value exceeding 326 million euro against the authorised sum on issue of 120 million euro (subject to an over-allotment option for an additional amount of 80 million euro).

The Treasury is allotting the accepted amount as hereunder (see image section).

The Treasury announces that all subscriptions by members of the public amounting to Euro 107,784,700 will be accepted in full.