Government of Malta - New Stock Issues

On 25 August 2023, the Treasury announced the issue of 2 new Malta Government Stocks for an aggregate nominal amount of €260 million subject to an over-allotment option of up to a further €140 million.

The 2 new fixed rate stocks are:

• The 4.00% MGS 2033 (IV)
• The 4.30% MGS 2038 (II)

The prices of these two new MGS’s will be announced on Wednesday 30 August 2023 in the afternoon.

The General Public has the possibility of applying for these stocks in multiples of €100 and up to a maximum of €499,900 (nominal) per application.

For applications in excess of €500,000 (nominal), a tendering process applies.

Subscriptions for the General Public open on Friday 1 September 2023 and close on Tuesday 5 September 2023 at 14:30 hrs – or earlier at the discretion of the Accountant General. On the other hand, tenders in the form of sealed bids will open on Thursday 7 September 2023 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 25 August 2023 issued by the Government of Malta. Pricing details will be announced on our website on Wednesday 30 August 2023 in the afternoon.

For any clarifications, please send an email to info@rizzofarrugia.com or contact us on +356 2258 3000.