On 13 October, the Treasury announced the issue of 2 new Malta Government Stocks for a total aggregate amount of €50 million subject to an over-allotment option of up to a further €15 million.
Proceeds from the issue will be used for general funding purposes of the Government of Malta.
The 2 new fungible stocks are:
(i) 5.1% MGS 2014 (III) at a price to be determined on Friday 17 October;
(ii) 5.0% MGS 2021 (I) at a price to be determined on Friday 17 October.
Subscriptions open on Monday 20 October and close on Wednesday 22 October.
The General Public has the possibility of applying in any of the issues at up to a maximum amount of €100,000 (nominal) per application. For applications in excess of €100,000 (nominal), a tendering process applies.
Investors interested in applying for any of the Malta Government Stock Issues are kindly asked to email us on firstname.lastname@example.org or contact us on +356 2258 3000 and we will provide the appropriate application forms together with pricing details on Friday 17 October as soon as they are announced by the Treasury.