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Government Stock Issue –May 2011
There has been a strong demand both by members of the public and institutional investors for the latest Issues of Malta Government Stocks of May 2011 including two Fixed Rate MGSs and one Floating Rate MGS.
By the closing dates at 5.00 p.m. on Wednesday 11th May, 2011 and at noon on Friday 13th May, 2011, the Treasury has received the following applications/bids:
Fixed Rate MGSs
3,850 applications/bids having a total nominal value exceeding Euro 198 million against the authorised sum on issue of Euro 100 million (subject to an over-allotment option for an additional amount of Euro 50 million).
The Treasury is allotting the accepted amount as hereunder:
|
Applications/Bids Received Public/Financial Institutions |
Allotment |
|||
|
Public |
Financial Institutions |
|||
|
|
Nominal (€) |
Nominal (€) |
Nominal (€) |
|
| 4.25% Malta Government Stock 2017(III) FI offered for members of the public at the Price of €100.75 |
112,621,300 |
33,321,300
|
56,000,000 |
|
|
|
|
|
||
| MGS 5.25% 2030 (I) FI offered for members of the public at the Price of €100.75 |
85,403,700 |
34,503,700
|
26,000,100 |
|
The Treasury announces that all subscriptions by members of the public amounting to Euro 67,825,000 will be accepted in full.
FFloating Rate MGS
TTreasury received 22 bids having a total value of Euro 102.65 million against the authorised sum on issue of Euro 52 million.
TThe Treasury is allotting the accepted amount as hereunder:
|
By Auction |
||
|
|
Bids Received |
Allotments |
|
|
Nominal (€) |
Nominal (€) |
| Floating Rate MGS 2013 (VII) linked to 6 month Euribor |
102,650,000 |
52,000,000 |
