HSBC Bank Malta’s offer of e25 million in subordinated bonds to the public has been fully subscribed. The 5.9 per cent Bond Issue received an excellent response, and as a consequence, the offer closed on the first day. The bank exercised its option to take on the e5 million over-allotment.

In the coming days the bank will announce its allocation policy, ensuring a fair distribution of its bonds.

Charts Investment Management Service Ltd acted as sponsoring stockbrokers for this bond issue.