Subscription and allocation results for the sixth inflation-linked iBond were released today.
A total of 507,978 valid applications were received for more than $22.5 billion in principal amount of bonds.
The 166,617 applications applying for one or two units will be allocated the full amount.
The other 341,361 applications applying for three or more units will be allocated two units each, while 7,211 will be allocated one additional unit after a ballot.
The iBond will be issued on June 20 and listed on the Stock Exchange on June 21. The final issue amount is $10 billion.
