On 24 October the Treasury announced that during this week’s new Malta Government Stock issues, 1,792 applications were received for a total value exceeding €61 million. The Treasury issued two fungible stocks for a total of €50 million with the option of increasing the aggregate amount by up to an additional €15 million. The Treasury announced that it allotted a total of €53.2 million (nominal) as follows: €29.9 million in the 5.10% MGS 2014 (III) fungible issue and €23.3 million in the 5.0% MGS 2021 (I) fungible issue.
Subscriptions from the General Public at the fixed prices established by the Treasury amounted to €26.3 million. The balance of €26.9 million was allotted to institutional investors from the total demand of €34.1 million received by way of tender.