On 16 November, the Treasury announced the allocation policy to be adopted with respect to the €100 million Malta Government Stock issue.
The Treasury received a total of €152.7 million from the General Public as follows: €6.2 million for the 5 year paper and €146.5 million for the 20-year paper.
Applications in the 3.75% MGS 2015 FI for a total nominal amount of €6,202,600 will be accepted in full.
The balance of €93,797,400 will be allocated to the applicants who subscribed to the 5.25% MGS 2030 FI as follows:
i) The first €20,000 will be met in full;
ii) 36% of any additional amount over €20,000 will be allotted (rounded up to the nearest €100).
Interest on the new MGS will commence as from tomorrow, Wednesday 17 November.
Refunds of unallocated monies will be paid by direct credit in the coming days in the account indicated for the payment of interest on the application form.