Malta Government Stocks - Pricing of New Stocks

Thursday, February 19th, 2015

Further to the announcement on 13 February with respect to the issue of the new Malta Government Stocks, the Treasury today established the prices of the 2 new MGS’s as follows:

(i) 2.0% MGS 2020 (V) FI at 105.75% for every €100 nominal giving a yield to maturity of 0.937% per annum;
(ii) 3.0% MGS 2040 (I) at 100% (par) for every €100 nominal giving a yield to maturity of 3.000% per annum.

The total aggregate amount is of €120 million subject to an over-allotment option of up to a further €60 million.

The General Public has the possibility of applying in any of these issues in multiples of €100 and up to a maximum amount of €100,000 (nominal) per person. 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.

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 an Investor Declaration (please contact us to receive a copy). The forms need to reach our office by Wednesday 25 February at 15.00 hours. For those investors wishing to settle via an Internet banking transfer, kindly send us an email to obtain our bank account details.

Copy of Application Forms are available below:

Application Form – 2.0 per cent MGS 2020 (V) FI

Application Form – 3.0 per cent MGS 2040 (I)

Further information is available in the Prospectus dated 13 February 2015 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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