Malta Government Stocks - Pricing of New MGS Issues

Further to the announcement of 28 July 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 100.25% for every €100 nominal giving a yield to maturity of 3.53% per annum;

• 5.0% MGS 2021 (I) FI at 101.75% for every €100 nominal giving a yield to maturity of 4.81% 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 Wednesday 5 August and close on Saturday 8 August for the General Public. Meanwhile, tenders must be lodged by Tuesday 11 August 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 Friday 7 August at 17:00 hrs.  The Application Form for the 3.6% MGS 2013 (IV) FI is available here whilst the Application Form for the 5.0% MGS 2021 (I) FI is available here.  Further details are available in our circular.

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