Government of Malta - Pricing of New Stocks

Further to the announcement on 18 October with respect to the issue of the new Malta Government Stocks, the Treasury today established the prices of the 2 new MGS’s as follows:

• 3.0% MGS 2019 (III) FI at 103.75% for every €100 nominal giving a yield to maturity of 2.314% per annum;
• 4.65% MGS 2032 (I) at 100.25% for every €100 nominal giving a yield to maturity of 4.629% per annum.

The total aggregate amount is of €120 million subject to an over-allotment option of up to a further €60 million.

The General Public has the possibility of applying in any of these issues in multiples of €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 Monday 28 October and close on Wednesday 30 October for the General Public. Meanwhile, tenders must be lodged by Monday 4 November 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 Wednesday 30 October at 15.00 hours. For those investors wishing to settle via an Internet banking transfer, kindly send us an email to obtain our bank account details.

Copy of Application Forms are available below:

Application Form – 3.00 per cent MGS 2019 III FI

Application Form – 4.65 per cent MGS 2032 I

Further information is available in the Prospectus dated 18 October 2013 issued by the Government of Malta. For any clarifications, please send an email to info@rizzofarrugia.com or contact us on +356 2258 3000.