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ANT IPO is now 872x over-subscribed in the retail offering, that is the 4% part that is not already spoken for by anchor investors or non-strategic). The non-strategic institutional size of 16% was oversubscribed by 284x.
That would mean that the retail demand is >$0.6 trillion and the non-strategic institutional part >$0.8bn. The anchor demand that took up 80% of the offering was most likely "over-subscribed" as well but there will not be any numbers on that.
$1.4 trillion is greater than Brazil GDP.
It is roughly the same size as all the money ("cash on the sidelines") inMoney Market fundsas per latest data from Haver.
It is 3x bigger than the latest expected EU PEEP expansion.
One begs to wonder if this cash actually exists in the trading accounts...