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New Government Stock Issuance


The Government of Malta will be issuing the following Fixed Rate Malta Government Stocks:

    • 3.2% Malta Government Stock 2019 (V) Fungibility Issue, and
    • 4.45% Malta Government Stock 2032 (II) Fungibility Issue, or
    • any combination of the above two Stocks which shall in the aggregate be Euro 35,000,000 subject to an over-allotment option of Euro 20,000,000 in the event of over-subscription.

    Legal Notice and prospectus will be published in the Government Gazette of today Tuesday, 25th March 2014. Please click Here for a copy of the prospectus.

    Applications in the form of sealed bids (auction) for a minimum of €250,000 and multiples of €50,000 each open on Thursday 3rd April, 2014 at 8.30 a.m. and close at noon on Friday 4th April, 2014 or earlier at the discretion of the Accountant General.

    The Accountant General will announce indicative pricing guidelines via a Press Release to be published on Wednesday, 2nd April 2014 consisting of an indicative range of spreads over the euro mid-swap rate, broadly reflecting the secondary market conditions with respect to the 3.2% Malta Government Stock 2019 (V) and the 4.45% Malta Government Stock 2032 (II).

    Should you wish place an order please contact our trading desk on 25 688 150 or tradingdesk@cc.com.mt.