Auction Newsletter No 7
Auction three results
A total of £10.86 million of market capacity involving 23 syndicates underwriting this year was successfully auctioned at a total value of £4.03 million.
Subscription offers (offers to buy) totalled £319.52 million and tenders (offers to sell) totalled £24.28 million during the auction held on 14 - 15 October.
This auction is the last of three auctions being held in September and October.