Government of Malta - New Stock Issues

On 7 May 2010, the Treasury announced the issue of 3 new Malta Government Stocks for a total aggregate amount of €100 million subject to an over-allotment option of up to a further €50 million.

The 3 new stocks are:

(i) 3.75% MGS 2015 (VI) (Fungible Issue) at a price to be determined on Thursday 13 May

(ii) 4.6% MGS 2020 (II) (Fungible Issue) at a price to be determined on Thursday 13 May

(iii) 5.25% MGS 2030 (I) at a price to be determined on Thursday 13 May

The General Public has the possibility of applying in these new issues in multiples of a €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 17 May and close on Wednesday 19 May for the General Public while tenders in the form of sealed bids will be accepted until noon on Friday 21 May.

Further information is available in the Prospectus dated 7 May 2010 issued by the Government of Malta. Pricing details will be announced on our website on Thursday 13 May. Investors interested in applying in any of the Malta Government Stock issues are kindly requested to complete an Authorisation to Apply Form. For any clarifications, please send an email to trading@rizzofarrugia.com or contact us on +356 2258 3000.