Government of Malta – New Stock Issues

Jonathan Falzon

January 31, 2025

Market News
31 January, 2025
2 min read
Market News
31 January, 2025
2 min read

Following last week's article detailing the performance of the S&P 500 index in 2025, it is worth devoting time to review the developments across the European equity markers in my last article of the year.

On 31 January 2025, the Treasury Department informed financial market participants about the upcoming issue of two new Malta Government Stocks for an aggregate nominal amount of €300 million subject to an over-allotment option of up to a further €150 million.

The two new fixed-rate stocks are:

  • The 3.00% MGS 2030 (IV)
  • The 3.50% MGS 2035 (III)

The prices of these two new MGSs will be announced on Thursday 13 February 2025.

Subscriptions for the General Public will open on Monday 17 February 2025 and close at 14:30 hrs on Wednesday 19 February 2025. On the other hand, auction bids for wholesale investors will open on Friday 21 February 2025 and close on the same day at 12:00 hrs (noon) or earlier at the discretion of the Accountant General.

Further information will be available in the Offering Circular which will be issued by the Government of Malta on Friday 7 February 2025. Pricing details will be announced on our website on Thursday 13 February 2025 in the afternoon.

For any clarifications, please send an email to info@rizzofarrugia.com or contact us on +356 2258 3000.

The article contains public information only and is published solely for informational purposes. It should not be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. No representation or warranty, either expressed or implied, is provided in relation to the accuracy, completeness or reliability of the information contained herein, nor is it intended to be a complete statement or summary of the securities, markets or developments referred to in this article. Rizzo, Farrugia & Co. (Stockbrokers) Ltd (“Rizzo Farrugia”) is under no obligation to update or keep current the information contained herein. Since the buying and selling of securities by any person is dependent on that person’s financial situation and an assessment of the suitability and appropriateness of the proposed transaction, no person should act upon any recommendation in this article without first obtaining investment advice. Rizzo Farrugia, its directors, the author of this article, other employees or clients may have or have had interests in the securities referred to herein and may at any time make purchases and/or sales in them as principal or agent. Furthermore, Rizzo Farrugia may have or have had a relationship with or may provide or has provided other services of a corporate nature to companies herein mentioned. Stock markets are volatile and subject to fluctuations which cannot be reasonably foreseen. Past performance is not necessarily indicative of future results. Foreign currency rates of exchange may adversely affect the value, price or income of any security mentioned in this article. Neither Rizzo Farrugia, nor any of its directors or employees accepts any liability for any loss or damage arising out of the use of all or any part of this article. Additional information can be made available upon request from Rizzo, Farrugia & Co. (Stockbrokers) Ltd., Airways House, Fourth Floor, High Street, Sliema SLM 1551. Telephone: +356 2258 3000; Email: info@rizzofarrugia.com; Website: www.rizzofarrugia.com © 2021 Rizzo, Farrugia & Co. (Stockbrokers) Ltd. All rights reserved. This article may not be reproduced or redistributed, in whole or in part, without the written permission of Rizzo Farrugia. Moreover, Rizzo Farrugia accepts no liability whatsoever for the actions of third parties in this respect.

This article was produced by Edward Rizzo, Director at Rizzo Farrugia, which is a company licensed to undertake investment services in Malta by the MFSA under the Investment Services Act, Cap. 370 of the Laws of Malta and a member of the Malta Stock Exchange. The company’s registered address is at Airways House, Fourth Floor, High Street, Sliema SLM 1551, Malta.

The article contains public information only and is published solely for informational purposes. It should not be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. No representation or warranty, either expressed or implied, is provided in relation to the accuracy, completeness or reliability of the information contained herein, nor is it intended to be a complete statement or summary of the securities, markets or developments referred to in this article. Rizzo, Farrugia & Co. (Stockbrokers) Ltd (“Rizzo Farrugia”) is under no obligation to update or keep current the information contained herein. Since the buying and selling of securities by any person is dependent on that person’s financial situation and an assessment of the suitability and appropriateness of the proposed transaction, no person should act upon any recommendation in this article without first obtaining investment advice. Rizzo Farrugia, its directors, the author of this article, other employees or clients may have or have had interests in the securities referred to herein and may at any time make purchases and/or sales in them as principal or agent. Furthermore, Rizzo Farrugia may have or have had a relationship with or may provide or has provided other services of a corporate nature to companies herein mentioned. Stock markets are volatile and subject to fluctuations which cannot be reasonably foreseen. Past performance is not necessarily indicative of future results. Foreign currency rates of exchange may adversely affect the value, price or income of any security mentioned in this article. Neither Rizzo Farrugia, nor any of its directors or employees accepts any liability for any loss or damage arising out of the use of all or any part of this article. Additional information can be made available upon request from Rizzo, Farrugia & Co. (Stockbrokers) Ltd., Airways House, Fourth Floor, High Street, Sliema SLM 1551. Telephone: +356 2258 3000; Email: info@rizzofarrugia.com; Website: www.rizzofarrugia.com © 2021 Rizzo, Farrugia & Co. (Stockbrokers) Ltd. All rights reserved. This article may not be reproduced or redistributed, in whole or in part, without the written permission of Rizzo Farrugia. Moreover, Rizzo Farrugia accepts no liability whatsoever for the actions of third parties in this respect.

This article was produced by Edward Rizzo, Director at Rizzo Farrugia, which is a company licensed to undertake investment services in Malta by the MFSA under the Investment Services Act, Cap. 370 of the Laws of Malta and a member of the Malta Stock Exchange. The company’s registered address is at Airways House, Fourth Floor, High Street, Sliema SLM 1551, Malta.

On 31 January 2025, the Treasury Department informed financial market participants about the upcoming issue of two new Malta Government Stocks for an aggregate nominal amount of €300 million subject to an over-allotment option of up to a further €150 million.

The two new fixed-rate stocks are:

  • The 3.00% MGS 2030 (IV)
  • The 3.50% MGS 2035 (III)

The prices of these two new MGSs will be announced on Thursday 13 February 2025.

Subscriptions for the General Public will open on Monday 17 February 2025 and close at 14:30 hrs on Wednesday 19 February 2025. On the other hand, auction bids for wholesale investors will open on Friday 21 February 2025 and close on the same day at 12:00 hrs (noon) or earlier at the discretion of the Accountant General.

Further information will be available in the Offering Circular which will be issued by the Government of Malta on Friday 7 February 2025. Pricing details will be announced on our website on Thursday 13 February 2025 in the afternoon.

For any clarifications, please send an email to info@rizzofarrugia.com or contact us on +356 2258 3000.