Government of Malta - Allotment Policy

On 18 March, the Treasury issued a press release confirming the allotment policy being adopted in respect of the 3.0% MGS 2040 (I) initially published on 3 March.

Applications up to €10,000 (nom) were accepted in full while applications in excess of €10,000 (nom) received the first €10,000 (nom) per application plus an additional 12% of the remaining balance, rounded to the nearest €100.

Refunds will be effected on Friday 20 March by SEPA credit transfer.

Interest on allotted amounts started accruing on 2 March 2015 and trading in the 3.0% MGS 2040 (I) is expected to commence in the coming days.