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Financial infrastructure and financial market regulation
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Moscow Exchange IPO Oversubscribed More Than Twice
15.02.2013 12:10 / Interfax
Thus, according to Afanasiev, the Stock Exchange IPO raised over RUB 30bn.
He did not mention the amount of investors who took part in the bidding, mentioning “dozens of funds”.
Afanasiev said the bid allocation was “an even spread”. "There were no anchor investors", he stated.
He also pointed out that the bulk of the bids came from London, continental Europe, the USA and Asia.
Trading infrastructure, Project Group №1, Alexander Afanasiev