Posts Tagged ‘Malta Government Stocks’

- The end of QE nears

Thursday, June 21st, 2018

The European Central Bank (ECB) announced last Thursday that it will be winding down its Quantitative Easing (QE) programme by the end of 2018. The current programme comprises purchases of sovereign bonds of €30 billion per month until the end of September 2018. At last week’s ECB’s monetary policy meeting, it was decided that the […]

- Italian Politics and the MGS market

Thursday, May 31st, 2018

The title of today’s article may confuse several Maltese investors as they would question the reason behind any impact on the prices of Malta Government Stocks from political developments in Italy. Notwithstanding the various articles published over recent years where I explained that the movement in Malta Government Stock prices is dependent on a number […]

- The dividend league table

Thursday, May 3rd, 2018

The annual reporting season for companies that have a December year-end has finally come to an end earlier this week. The main objective for the majority of Maltese investors is that of generating an income stream from the various securities within their investment portfolio. While most investors have a general tendency to favour bonds, a […]

- Lessons from Warren Buffett’s annual letter to investors

Thursday, March 8th, 2018

The Chairman and CEO of Berkshire Hathaway, Warren Buffett, published his annual letter to shareholders on Saturday 24 February. The letter by the 87 year-old billionaire is widely followed by the international financial media and by many investors around the world due to his remarkable track record over more than five decades and also since […]

- The Tick Size regime

Thursday, February 1st, 2018

In my article published two weeks ago, I gave an overview of some of the most important changes to procedures that investors need to be made aware of when dealing with investment services companies as a result of the introduction of MiFID II as from 3 January 2018. The new legislation that was enacted across […]

Malta Government Stocks - 2018 MGS Indicative Calendar

Tuesday, January 30th, 2018

On 30 January 2018, the Treasury of Malta announced that the amount of issuance of Malta Government Stocks (“MGS”) during 2018 will not exceed €350 million. The funds raised will be principally used to finance the redemption of seven MGS issues. The Treasury explained that it will be issuing three different types of securities – […]

- RF MGS Index in first annual decline since 2011

Thursday, January 11th, 2018

In last week’s article, I explained that Maltese equity investors experienced a challenging year in 2017 as the MSE Equity Price Index declined by 2.6%. Unfortunately, investors solely exposed to Malta Government Stocks did not fare any better. In fact, the RF MGS Index lost 3%, representing its first annual decline since 2011. When reviewing […]

- Renewed volatility in MGS prices

Thursday, July 20th, 2017

On 16 March 2017, I had written an article entitled “MGS sell-off gathers momentum” wherein I had explained how the overall downward trend in the prices of Malta Government Stocks (MGS’s) had persisted in the first few months of 2017 following the initial slump triggered by the election of Donald Trump as President of the […]

- A review of Q1 across the local capital markets

Thursday, March 30th, 2017

The first quarter of the year is already coming to an end today. It is therefore important to take stock of the developments across the local capital markets during the past three months. Overall, it was another positive quarter[1] for the local equity market as the MSE Share Index advanced by a further 2.1% and […]

- MGS sell-off gathers momentum

Thursday, March 16th, 2017

Just over three months ago I wrote an article titled “The MGS market after Trump” wherein I gave a detailed description of the sudden drop in the prices of Malta Government Stocks (MGS) in the immediate aftermath of the result of the US election on 9 November. I had also published a table showing the […]