Malta Government Stocks - Pricing of New Stocks

Thursday, November 10th, 2011

Further to the announcement on 4 November with respect to the issue of the new Malta Government Stocks, the Treasury today established the prices for the 2 new fixed-rate stocks as follows:

– 4.25% MGS 2017 (III) FI at 103.75% for every €100 nominal giving a yield to maturity of 3.546% per annum;
– 5.2% MGS 2031 (I) at 100.75% for every €100 nominal giving a yield to maturity of 5.139% per annum.

The total aggregate amount is of €100 million subject to an over-allotment option of up to a further €44 million.

The General Public has the possibility of applying in any of these two issues in multiples of a €100 and up to a maximum amount of €100,000 (nominal) per application. For applications in excess of €100,100 (nominal), a tendering process applies. Subscriptions open on Monday 14 November and close on Wednesday 16 November for the General Public. Meanwhile, tenders must be lodged by Friday 18 November at 12 noon.

Investors interested in applying for any of the Malta Government Stock issues are kindly asked to complete an Application Form (accompanied by full payment) and to forward this to our office by Wednesday 16 November.

Copy of Application Forms are available below:

4.25% MGS 2017 (III) F.I. – Application Form

5.2% MGS 2031 (I) – Application Form

Further information is available in the Prospectuses dated 4 November 2011 issued by the Government of Malta. For any clarifications, please send an email to info@rizzofarrugia.com or contact us on +356 2258 3000.

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