Government of Malta - Pricing of New MGS Issues
On 25 July 2024, the Treasury Department established the prices for the two new Malta Government Stocks as follows:
(i) 3.40% MGS 2027 (VI) Fungibility Issue (F.I) at 100.90% for every €100 nominal giving a yield-to-maturity of 3.0958% per annum; and
(ii) 3.50% MGS 2034 (III) at 100.00% for every €100 nominal giving a yield-to-maturity of 3.5000% 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 Monday 29 July 2024 and close on Wednesday 31 July 2024 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 Friday 2 August 2024 and close on the same day at 12:00 hrs (noon) – 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 – 3.40% MGS 2027 (VI)
Application Form – 3.50% MGS 2034 (III)
Assessment & Confirmation Form
Further information is available in the Offering Circular dated 19 July 2024 issued by the Government of Malta.
For any clarifications, please send an email to info@rizzofarrugia.com or contact us on +356 2258 3000.
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.
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.