4th Silver Bond results announced
July 25, 2019
Subscription and allocation results for the fourth Silver Bond were released today.
A total of 56,564 valid applications were received for more than $7.9 billion in principal amount of bonds.
The 16,373 applications for five or fewer units will be allocated the full amount.
The other 40,191 applications applying for six or more units will be allocated five units each, while 32,160 of them will be allocated one additional unit after a ballot.
The bond will be issued on July 29.
The final issue amount is $3 billion.