Malta Government Stocks - New Issues

The Treasury announced the issue of Lm40 million worth of Malta Government Stocks spread across two issues:
(i) Lm25 million in the 5.7% MGS 2012 (III) which is on offer only by tender for a minimum of Lm50,000 at a minimum price of Lm108.50 for every Lm100 nominal and
(ii) Lm15 million in the 5% MGS 2021 for subscription at par (100%) for amounts up to Lm50,000 and by tender for amounts in excess of Lm50,000.
These issues are identical to the MGS offers last March. Subscriptions open for one week as from next Thursday 12 May.