The Treasury said that there was a positive response both by members of the public and institutional investors to the latest Government Stock Issue.

By closing dates (5pm Wednesday 1st April 2009 and noon Friday 3rd April 2009), the Treasury had received 548 applications having a total value exceeding Euro 70 million against the authorised sum on issue of Euro 60 million (subject to an over-allotment option for an additional amount of Euro 20 million).

Out of these applications/bids for MGS 3.6% 2013 (IV) FI issued to the retail sector at the price of €100, Treasury accepted a total nominal value of Euro 63,051,100 to be allotted between the general public and institutional investors.

The Treasury announces that all subscriptions by members of the public amounting to Euro 8,551,100 will be accepted in full, while offers by the institutional investors are being allotted in the order of the bid price offered covering an allotment of €54,500,000.

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