On 19 October, the Treasury announced the issue of 3 new Malta Government Stocks for a total aggregate amount of €100 million subject to an over-allotment option of up to a further €40 million.
The 3 new stocks are:
(i) 3.75% MGS 2017 (IV) (Fungibility Issue) at a price to be determined on Thursday 25 October 2012
(ii) 4.3% MGS 2022 (II) (Fungibility Issue) at a price to be determined on Thursday 25 October 2012
(iii) 4.8% MGS 2028 (I) at a price to be determined on Thursday 25 October 2012
The General Public has the possibility of applying for these stocks in multiples of €100 and up to a maximum of €100,000 (nominal) per application. For applications in excess of €100,000 (nominal), a tendering process applies. Subscriptions open on Monday 29 October and close on Wednesday 31 October for the General Public while tenders in the form of sealed bids will be accepted until noon on Friday 2 November.
Further information is available in the Prospectus dated 19 October 2012 issued by the Government of Malta. Pricing details will be announced on our website on Thursday 25 October. For any clarifications, please send an email to email@example.com or contact us on +356 2258 3000.