Government raises €5.25m through bond issue

The Ministry of Finance raised €5.25 million through a six-year bond issue, the Public Debt Management Office said in a press release.

The PDMO said that it received 63 applications for a total amount of €5,244,900, noting that the applications exceeded the €5 million ceiling for each issue.

All the applications were submitted by local investors. Their values ranged from €1,500 to €800,000 and all of them were accepted, the PDMO added.