Bids on Malta’s Government stock in February exceeded the authorised sum of €180 million, so the maximum over-allotment sum of €120 million was deployed, the Treasury announced on Thursday.
The Treasury revealed that by the closing date on 24th February 2021, 106 bids to a nominal value of €408.8 million were received and accepted in February.
From these bids, the Treasury has allocated €300 million, it said.
The most popular stock in February was the 0.4 per cent 2027 option, which received €241,400,000 in bids, before being reduced to a nominal allotment of €146,600,000.
Both the 1.4 per cent 2046 option and 1.0 per cent 2035 option received similar interest, receiving a nominal allotment of €76,000,000 and €77,400,000 respectively.
The Treasury initially announced that it would be issuing €180,000,000 Malta Government Stock, with an additional €120,000,000 available in the case of over-allotment on 16th February.
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