Government of Malta - New Stock Issues

July 1, 2022

On 1 July 2022, the Treasury announced the issue of 3 new Malta Government Stocks for a total aggregate amount of €150 million subject to an over-allotment option of up to a further €100 million.

The 3 new fixed rate stocks are:

2.60% MGS 2028 (V);
2.90% MGS 2032 (VI); and
3.40% MGS 2042 (I).

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 11 July 2022 and close on Wednesday 13 July 2022 for the General Public, while tenders in the form of sealed bids will open on Friday 15 July 2022 and close on the same day at 12:00 hrs (noon) or earlier at the discretion of the Accountant General.

Further information is available in the Offering Circular dated 1 July 2022 issued by the Government of Malta. Pricing details will be announced on our website on Thursday 7 July 2022 in the afternoon and application forms will be available on the same day. For any clarifications, please send an email to info@rizzofarrugia.com or contact us on +356 2258 3000.