Malta Government Stocks - Pricing of New MGS issues

Further to the announcement of 16 June related to the issue of the new Malta Government Stocks, the Treasury today established the prices for the 2 new stocks as follows:

• 3.6% MGS 2013 (IV) FI at 99.50% for every €100 nominal giving a yield to maturity of 3.73% per annum;

• 5.2% MGS 2020 (I) FI at 103.50% for every €100 nominal giving a yield to maturity of 4.79% per annum.

The total aggregate amount is of €100 million (subject to an over-allotment option of up to a further €20 million).

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 €100,100 (nominal), a tendering process applies.

Subscriptions open on Monday 22 June and close on Wednesday 24 June for the General Public. Meanwhile, tenders must be lodged by Friday 26 March at 12 noon.

Investors interested in applying for any of the Malta Government Stock Issues 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 24 June at 15:00 hrs.  The Application Form for the 3.6% MGS 2013 (IV) is available here whilst the Application Form for the 5.2% MGS 2020 (I) is available here.  Further details are available in our circular.

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