Malta Government Stocks - New Stock Issues

Friday, February 13th, 2015

On 13 February, the Treasury announced the issue of 2 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 2 new fixed rate stocks are:

(i) 2.00% MGS 2020 (V) FI at a price to be determined on Thursday 19 February 2015 in the afternoon;

(ii) 3.00% MGS 2040 (I) at a price to be determined on Thursday 19 February 2015 in the afternoon.

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 23 February and close on Wednesday 25 February for the General Public while tenders in the form of sealed bids will be accepted until noon on Monday 2 March.

Further information is available in the Prospectus dated 13 February 2015 issued by the Government of Malta. Pricing details will be announced on our website on Thursday 19 February and application forms will also be available on the same day. For any clarifications, please send an email to info@rizzofarrugia.com or contact us on +356 2258 3000.

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