Malta Government Stocks - Closure of MGS Issue (October 2016)

On 17 October, the Treasury announced that applications received from retail investors for the recently issued Malta Government Stocks – i.e. the 1.5% MGS 2022 (IV) F.I. and the 2.1% MGS 2039 (I) – exceeded the maximum amount on offer even after the exercising of the overallotment option (i.e. an aggregate of €160 million). The retail offer is closed and the auction has therefore been cancelled.

Details of the allotment policy will be published by the Treasury in due course.