The Government announced the subscription and allotment results for the new Silver Bond issue, receiving a total of 371,821 valid applications with a total subscription principal of HK$98,227,300,000 and an issue size of HK$55 billion. All valid applications will be allotted up to 17 lots; applications for 16 lots or fewer were allotted in full, while after balloting, 113,918 of the remaining applications were able to receive one additional lot.
Why read this: The announcement sets out the number of applications, total subscription principal and final issue size, and explains the allotment cap and balloting arrangements, allowing readers to check how many lots they have been allotted.