Stocks oversubscribed

Government stocks issued earlier this month were oversubscribed by more than Lm80 million. The Treasury said it received 7,139 applications amounting to Lm148 million for government stocks of Lm63,883,200. Applications by small investors reached just...

Government stocks issued earlier this month were oversubscribed by more than Lm80 million.

The Treasury said it received 7,139 applications amounting to Lm148 million for government stocks of Lm63,883,200.

Applications by small investors reached just under Lm42 million.

The Treasury said it was accepting small investors' applications at par while the remainder would be allocated according to the offer submitted.

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