Malta Government Stocks - New Stock Issues

Tuesday, June 5th, 2012

On 5 June, the Treasury announced the issue of 3 new Malta Government Stocks for a total aggregate amount of €120 million subject to an over-allotment option of up to a further €60 million.

The 3 new stocks are:

(i) 3.75% MGS 2017 (IV) at a price to be determined on Thursday 14 June 2012
(ii) 4.3% MGS 2022 (II) (Fungibility Issue) at a price to be determined on Thursday 14 June 2012
(iii) 5.1% MGS 2029 (I) at a price to be determined on Thursday 14 June 2012

The General Public has the possibility of applying for these stocks in multiples of €100 and up to a maximum of €100,000 (nominal) per application. For applications in excess of €100,000 (nominal), a tendering process applies. Subscriptions open on Monday 18 June and close on Wednesday 20 June for the General Public while tenders in the form of sealed bids will be accepted until noon on Friday 22 June.

Further information is available in the Prospectus dated 5 June 2012 issued by the Government of Malta. Pricing details will be announced on our website on Thursday 14 June. For any clarifications, please send an email to info@rizzofarrugia.com or contact us on +356 2258 3000.

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