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Government of Malta to Issue New Stock


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

(a) 3% Malta Government Stock 2019 (III) Fungibility Issue (November’13), and

(b) 4.65% Malta Government Stock 2032 (I), or

(c) any combination of the above two Stocks which shall in the aggregate be Euro 120,000,000 subject to an over-allotment option of Euro 60,000,000 in the event of over-subscription.

Kindly Note that prices for both stocks above offered for subscription by members of the public shall be established on Thursday 24th October, 2013 in the afternoon.

Applications open on Monday 28th October, 2013 at 8.30 a.m. and close on the time and dates as hereunder, or earlier at the discretion of the Accountant General:

1. at 17:00 (5 p.m.) on Wednesday 30th October, 2013 for applications by any single and/or joint applicants which do not exceed Euro100,000 per person and

2. at 12:00 (noon) on Monday 4th November, 2013 for applications in the form of sealed bids (auction).

Kndly note that there will be two different issue dates for each stock, one for retail investors which will fall on the 4th November, 2013 and the other for accepted bids which will fall on the 7th November, 2013.

• 3% Malta Government Stock 2019 (III) Fungibility Issue (November’13) r – (For applications submitted by members of the public – maximum € 100,000- Issue date 4th November, 2013 – 1st pro rata interest payment covering period from the 4th November, 2013 to the 21st March, 2014 (both dates inclusive) will be made on the 22nd March, 2014 @ 1.143646%)

• 3% Malta Government Stock 2019 (III) Fungibility Issue (November’13) I – (For accepted bids – Issue date 7th November, 2013 – 1st pro rata interest payment covering period from the 7th November, 2013 to the 21st March, 2014 (both dates inclusive) will be made on the 22nd March, 2014 @ 1.118785%).

• 4.65% Malta Government Stock 2032 (I) r – (For applications submitted by members of the public – maximum € 100,000- Issue date 4th November, 2013 – 1st pro rata interest payment covering period from the 4th November, 2013 to the 21st January, 2014 (both dates inclusive) will be made on the 22nd January, 2014 @ 0.998234%)

• 4.65% Malta Government Stock 2032 (I) I – (For accepted bids – Issue date 7th November, 2013 – 1st pro rata interest payment covering period from the 7th November, 2013 to the 21st January, 2014 (both dates inclusive) will be made on the 22nd January, 2014 @ 0.960326%).

Batch forms are available on request.

N.B. To avoid administrative and operational problems, cheques for capital repayment of the 7.8% MGS 2013 and 3.6% MGS 2013 (IV) dated 18th October, 2013, will not be accepted by Treasury as payment for purchase of new holdings.

A copy of the Pospectus may be found Here

An Application Form is available Here