The analysts noted that the amount of the bids exceeding the Sh35 billion offer happened due to improved liquidity where the average interbank rate came down and the Treasury bill offers were also
oversubscribed.
"The offering was multiple times
oversubscribed on the qualified investor tranche.
Durham's most popular secondary was Esh C of E Primary school; St Cuthbert's Roman Catholic Voluntary Aided Primary School was the most
oversubscribed in Sunderland; while Richardson Dees Primary School proved popular in North Tyneside.
The Iraqi Government team and Issue Managers Team held extensive road shows in London, Los Angeles, Boston and New York and the interest among international institutional investors was overwhelmingly positive where the issue was seven times
oversubscribed.
The finance ministry has successfully raised e1/452.5 million, after a e1/410-million, six-year bond, issued for natural persons, was
oversubscribed by more than five times.
New analysis reveals that almost half of secondary schools in England are
oversubscribed, and the numbers are increasing.
New Delhi: With its offer for sale getting
oversubscribed by an impressive 2.54 times, government raised Rs 640 crore through 10 percent stake sale in Engineers India Ltd (EIL).
The issue was
oversubscribed by 151%, as the announced amount was 150 million.
Under current legislation, one in five
oversubscribed schools can decide to only let in pupils who have been christened.
Dubai Parks and Resorts' Dh2.5 billion ($689 million) initial public offer was many times
oversubscribed, the entertainment and leisure company, which is building a $2.9 billion amusement park complex in the emirate.
Offering
oversubscribed at top of the proposed range of Dh2.90 per share