Government of Malta - Pricing of New MGS Issues

On 30 August 2023, the Treasury Department established the prices for the two new Malta Government Stocks as follows:

(i) 4.00% MGS 2033 (IV) at 100.75% for every €100 nominal giving a yield-to-maturity of 3.9098% per annum; and

(ii) 4.30% MGS 2038 (II) at 102.00% for every €100 nominal giving a yield-to-maturity of 4.1210% per annum.

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 person. 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.

Investors interested in applying for any of the new Malta Government Stocks are kindly asked to complete an ‘Assessment & Confirmation Form‘ and an Application Form which may be downloaded from the below links:

Application Form – 4.00% MGS 2033 (IV)
Application Form – 4.30% MGS 2038 (II)
Assessment & Confirmation Form

Further information is available in the Offering Circular dated 25 August 2023 issued by the Government of Malta.

The value of these investments and the income derived therefrom may fall as well as rise and investors may not get back the amount originally invested. These investments are subject to Collective Action Clauses (CACs). Investors should refer to the General Prospectus of the Malta Government Stocks for further details about the risks of these investments.

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

This ADVERTISEMENT has been issued by Rizzo, Farrugia & Co. (Stockbrokers) Limited which is a company licensed to undertake investment services in Malta by the MFSA under the Investment Services Act, Cap. 370 of the Laws of Malta and a member of the Malta Stock Exchange. The Company’s registered address is at Airways House, Fourth Floor, High Street, Sliema SLM 1551, Malta.