, funding pressures and the withdrawal of sponsors have cast doubt over the long-term viability of schools in the Hexham, Haltwhistle and Haydon Bridge areas.
INDICATIONS emerged at the close of last week trading that low activities in the market led to under-subscription
at the last auctioning of treasury bills for 2017, at the Open Market Operations (OMO) conducted by the Central Bank of Nigeria (CBN).
But as the equity market started to melt, companies put a brake on floating Initial Public Offerings (IPOs) for fear of under-subscription
Guinigundo said the Bureau of the Treasury's (BTr) sale of P130 billion worth of fixed-rate, five-year retail treasury bonds (RTB) last week is one of the main reason for the huge under-subscription
There was under-subscription
at the auction,' Tetangco said in a text message to reporters.
He said: "Halewood Academy has had to review its sixth form provision due to a reduction in funding and student under-subscription
Tightening of monetary policy has been effective in stabilizing the exchange rate but tight liquidity conditions have contributed to persistent under-subscription
of treasury bills and bonds.
Having received the money as bridge finance, the sponsors often tended to delay IPOs for the fear of under-subscription
He said: "The minister has increased the capital budget of the Irish medium sector five-fold over the past two and half years despite there being a clear under-subscription
of some 830 places.
Global Banking News-30 July 2008-Egypt's NBD reports under-subscription
of rights issue(C)2008 ENPublishing - http://www.
Recent developments support Fitch's expectation of modest growth, including the under-subscription
of requests by tribes for Class III slot licenses made available by the state government in October 2009 (of the 10,549 licenses made available a little more than 3,500 were requested).
In the event of under-subscription
or non-allocation in the Anchor Investor Portion, the balance equity shares shall be added to the net QIB potion.