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Allotment of Malta Government Stocks – November 2010


Allotment of Malta Government Stocks – November 2010

With reference to the press release issued last Friday, the Treasury is pleased to announce the allotment of the Euro 100 million of the latest Malta Government Stock issue among the members of the public as follows:-

MGS 3.75% 2015 FI

338 applications subscribed in the 3.75% MGS having a nominal value of €6,202,600 will be accepted in full.

MGS 5.25% 2030 FI

The remaining balance of Euro 93,797,400 (nominal) will be allocated under the MGS 5.25% 2030 FI as follows:

  •  2937 applications up to Euro 20,000 in nominal terms (including those applications submitted by each applicant under the nominee system) shall be met in full;
  • 1892 applications in excess of Euro 20,000 in nominal terms (including those applications submitted by each applicant under the nominee system) shall receive a minimum of Euro 20,000 per application  plus an additional 36%  of the remaining unallocated balance per application rounded up to the nearest Euro 100.

In this regard Treasury shall be satisfying in full nearly 61% of the number of applications received having a total of Euro 25,314,200.

As stipulated in the prospectus, interest on these Malta Government Stocks will commence accruing as from Wednesday 17th November 2010.

Refunds of unallocated monies will be effected before the issue of relevant Registration Advice from the Malta Stock Exchange and will be paid by direct credit in the account indicated for the payment of dividends (interest) on the application form.

No interest shall be due on refunds or other amount pending allotment.