Malta Government Stocks - New Issues

On 15 June 2021, the Treasury announced the issue of two new Malta Government Stocks for a total aggregate amount of €50 million subject to an over-allotment option of up to a further €30 million.

The two new fixed rate stocks are:

  • 0.25% MGS 2026 (III) Fungibility Issue at a price to be determined on Monday 21 June 2021 in the afternoon; and
  • 1.80% MGS 2051 (I) at a price to be determined on Monday 21 June 2021 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. Subscriptions for the General Public open on Wednesday 23 June and close on Friday 25 June, or earlier in the case of over-subscription.

For applications in excess of €100,000 (nominal), a tendering process applies which will take place between Monday 28 June 2021 at 8:30 hrs and Wednesday 30 June 2021 at 12:00 hrs (noon), or earlier at the discretion of the Accountant General.

Further information is available in the Offering Circular dated 15 June 2021 issued by the Government of Malta.

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