On 2 March, the Treasury announced the issue of 2 new Malta Government Stocks for a total aggregate amount of €70 million subject to an over-allotment option of up to a further €25 million.
Proceeds from the issue will be used for general funding purposes of the Government of Malta.
The 2 new stocks are:
(i) 3.6% MGS 2013 (IV) at a price to be determined in the coming days;
(ii) 5.0% MGS 2021 (I) at a price to be determined in the coming days.
Subscriptions open on Monday 9 March and close on Wednesday 11 March.
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 email@example.com or contact us on +356 2258 3000 and we will provide the appropriate application forms together with pricing details by Friday 6 March as soon as they are announced by the Treasury.