Malta Government Stocks - Pricing of New Malta Government Bond

Further to the announcement of 20 March related to the issue of the new Malta Government Stock, the Treasury today established the price for the new stock as follows: 3.6% MGS 2013 (IV) Fungible issue at 100% for every €100 nominal giving a yield to maturity of 3.60% per annum.

The total aggregate amount is of €60 million (subject to an over-allotment option of up to a further €20 million).

The General Public has the possibility of applying in the issue at up to a maximum amount of €100,000 (nominal) per application. For applications in excess of €100,100 (nominal), a tendering process applies.

Subscriptions open on Friday 27 March and close on Wednesday 1 April for the General Public. Meanwhile, tenders must be logged by Friday 3 April at 12 noon.

Investors interested in applying for the 3.6% MGS 2013 (IV) Fungible Issue are kindly asked to complete an Application Form (accompanied by full payment) and to forward this to our office as soon as possible but definitely not later than Wednesday 1 April at 15:00 hrs.

Application forms must be accompanied by full payment. Application Forms are available on request by sending an email request to trading@rfstockbrokers.com.

Comments are closed.