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Issuance of May 2011 Malta Government Stocks


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Government Stock Issue –May 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 May 2011 including two Fixed Rate MGSs and one Floating Rate MGS.

 

By the closing dates at 5.00 p.m. on Wednesday 11th May, 2011 and at noon on Friday 13th May, 2011, the Treasury has received the following applications/bids:

 

Fixed Rate MGSs

3,850 applications/bids having a total nominal value exceeding Euro 198 million against the authorised sum on issue of Euro 100 million (subject to an over-allotment option for an additional amount of Euro 50 million).

 

The Treasury is allotting  the accepted amount as hereunder:

 

 

Applications/Bids Received

Public/Financial Institutions

Allotment

 

Public

Financial Institutions

 

Nominal  (€)

Nominal  (€)

Nominal (€)

4.25% Malta Government Stock 2017(III) FI offered for members of the public at the Price of €100.75

112,621,300

     33,321,300

56,000,000

MGS 5.25% 2030 (I) FI offered for members of the public at the Price of €100.75

85,403,700

     34,503,700

26,000,100

 

The Treasury announces that all subscriptions by members of the public amounting to Euro      67,825,000 will be accepted in full.

FFloating Rate MGS

TTreasury received 22 bids having a total value of  Euro 102.65 million against the authorised sum on issue of Euro 52 million.

TThe Treasury is allotting  the accepted amount as hereunder:

 

By Auction

 

Bids Received

Allotments

 

Nominal (€)

Nominal (€)

Floating Rate MGS 2013 (VII) linked to 6 month Euribor

102,650,000

52,000,000