On 22 July, the Treasury announced the issue of 2 new Malta Government Stocks for a total aggregate amount of €100 million subject to an over-allotment option of up to a further €60 million.
The 2 new fixed rate stocks are:
- 1.50% MGS 2022 (IV) FI at a price to be determined on Thursday 28 July 2016 in the afternoon;
- 2.40% MGS 2041 (I) at a price to be determined on Thursday 28 July 2016 in the afternoon.
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 1 August and close on Wednesday 3 August for the General Public or earlier in the case of over-subscription. Tenders in the form of sealed bids will be accepted until noon on Monday 08 August.
Further information is available in the Prospectus dated 22 July 2016 issued by the Government of Malta. Pricing details will be announced on our website on Thursday 28 July and application forms will also be available on the same day.
For any clarifications, please send an email to email@example.com or contact us on +356 2258 3000.