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GOVERNMENT STOCK ISSUE STATISTICAL ANALYSIS – NOV 2011


GOVERNMENT STOCK ISSUE – NOVEMBER 2011

There has been a strong demand both by members of the public and institutional investors for the latest Issues of Malta Government Stocks of November 2011 including two Fixed Rate MGSs and one Floating Rate MGS.

By the closing dates at 5.00 p.m. on Wednesday 16th November, 2011 and at noon on Friday 18th November 2011, the Treasury received the following applications/bids:

Fixed Rate Malta Government Stocks

5,525 applications/bids having a total nominal value exceeding €295 million against the authorised sum on issue of €100 million (subject to an over-allotment option for an additional amount of €44 million).

The Treasury allotted the accepted amount as hereunder:

4.25% Malta Government Stock 2017(III) FI offered for members of the public at the Price of €103.75

€107,421,900 nominal Total Applications/Bids Received

€16,070,900 nominal Allotment (Members of the Public)

€3,000,000 nominal Allotment (Financial Institutions)

MGS 5.2% 2031 (I) offered for members of the public at the Price of €100.75

€187,637,000 nominal Total Applications/Bids Received

€118,036,900 nominal Allotment (Members of the Public)

€6,880,000 nominal Allotment (Financial Institutions)

The Treasury announced that all subscriptions by members of the public amounting to €134,107,800 were accepted in full.

Floating Rate Malta Government Stock

Treasury received 11 bids having a total value of Euro 44.5 million against the authorised sum on issue of €24 million.

The Treasury allotted the accepted amount as hereunder:

Floating Rate MGS 2014 (V) linked to 6 month Euribor

€44,500,000 nominal Bids Received

€24,000,000 nominal Allotment

Source: www.doi.gov.mt