Government of Malta - Pricing of New Stocks

Further to the announcement on 24 January with respect to the issue of the new Malta Government Stocks, the Treasury today established the prices for the 3 new MGS’s as follows:

• 4.25% MGS 2017 (III) FI at 103.75% for every €100 nominal giving a yield to maturity of 3.523% per annum;
• 4.3% MGS 2022 (III) at 100% (par) for every €100 nominal giving a yield to maturity of 4.299% per annum;
• 5.2% MGS 2031 (I) FI at 101.75% for every €100 nominal giving a yield to maturity of 5.058% per annum.

The total aggregate amount is of €150 million subject to an over-allotment option of up to a further €150 million.

The General Public has the possibility of applying in any of these issues in multiples of a €100 and 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 1 February and close on Friday 3 February for the General Public. Meanwhile, tenders must be lodged by Tuesday 7 February 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 by Friday 3 February.

Copy of Application Forms are available below:

4.25 per cent MGS 2017 (III) F.I. – Application Form

4.3 per cent MGS 2022 (II) – Application Form

5.2 per cent MGS 2031 (I) F.I. – Application Form

Further information is available in the Prospectus dated 24 January 2012 issued by the Government of Malta. For any clarifications, please send an email to info@rizzofarrugia.com or contact us on +356 2258 3000.