The Ministry of Finance has announced that applications totalling in excess of $1.066 BILLION have been received in response to the offer of $400 million in NIF 2 bonds (National Investment Fund).
In a statement, the government said the vast majority of those applications $735,513,000 or 184% of the full offer amount came from individual investors!
Accordingly, all of the offer will be allocated to individual investors.
Applicants up to $20,000.00 – will receive 100% of their request.
Applicants with requests of more than $20,000.00, will be allocated the First $20,000.00 in full, with the balance awarded on a pro-rata basis.
