The Treasury today announced the prices of the 3 new Malta Government Stocks for a total aggregate amount of EUR150 million subject to an over-allotment option of up to a further EUR150 million.
The 3 new stocks are:
(i) 4.25% MGS 2017 (III) (Fungible Issue) at 103.75 (Yield to Maturity: 3.52% per annum)
(ii) 4.30% MGS 2022 (II) at 100.00 (Yield to Maturity: 4.30% per annum)
(iii) 5.20% MGS 2031 (I) (Fungible Issue) at 101.75 (Yield to Maturity: 5.06% per annum)
The General Public has the possibility of applying in these new issues in multiples of EUR100 and up to a maximum of EUR100,000 (nominal) per application. Subscriptions open on Wednesday 1 February and close on Friday 3 February for the General Public.
For applications in excess of EUR100,000 (nominal) a tendering process applies and sealed bids will be accepted until noon on Tuesday 7 February.
Investors interested in applying in any of the Malta Government Stock issues are kindly requested to complete the attached Application Forms and submit them to our office accompanied by payment by nextFriday 3 February at 15.00 hrs at the very latest.
Our Recommendation Report is available here
Applications can be downloaded by clicking here