Government of Malta - New Stock Issues

On 10 May, the Treasury announced the issue of 2 new Malta Government Stocks for a total aggregate amount of €100 million subject to an over-allotment option of up to a further €70 million.

The 2 new stocks are:

(i) 3.00% MGS 2019 (III) Fungibility Issue at a price to be determined on Thursday 16 May 2013
(ii) 4.5% MGS 2028 (II) Fungibility Issue at a price to be determined on Thursday 16 May 2013

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 20 May and close on Wednesday 22 May for the General Public while tenders in the form of sealed bids will be accepted until noon on Monday 27 May.

Further information is available in the Prospectus dated 10 May 2013 issued by the Government of Malta. Pricing details will be announced on our website on Thursday 16 May 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.