Malta Government Stocks - Pricing of New MGS Issues

Further to the announcement of 2 March 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) at 100% for every €100 nominal giving a yield to maturity of 3.60% per annum;

• 5.0% MGS 2021 (I) at 101.50% for every €100 nominal giving a yield to maturity of 4.84% per annum.

The total aggregate amount is of €70 million (subject to an over-allotment option of up to a further €25 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 9 March and close on Wednesday 11 March for the General Public. Meanwhile, tenders must be lodged by Friday 13 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 11 March at 15:00 hrs.

Application forms must be accompanied by full payment. Application Forms are available for download from our website or by sending an email request to trading@rfstockbrokers.com

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