The Treasury has announced the issue of two new Malta Government Bonds for a total aggregate amount of €100 million subject to an over-allotment option of up to a further €60 million. The two new fixed rate stocks are:
(i) 1.5% Malta Government Stock 2022 (IV) Fungible Issue
(ii) 2.4% Malta Government Stock 2041 (I)
The General Public may submit single or joint applications for the new bonds in one of the following manners:
- Applications in multiples of €100 and up to a maximum of €100,000 (nominal) per application (retail),
- Applications which in the aggregate are over €100,000, but do not exceed €500,000 in any or each of the two Stocks, shall be in the form of sealed bids (auction) for a minimum of €100,100 each,
- Applications which in the aggregate exceed €500,000 in any or each of the two Stocks, shall be in the form of sealed bids (auction) for a minimum and multiples of €500,000 each.
Applications opening: Monday 1st August 2016 at 8:30am
Retail Applications Deadline: Wednesday 3rd August 2016 at 10:00am
Sealed Bids (Auction) Deadline: Monday 8th August 2016 at 10:00am
The Treasury will be releasing the official prices for retail applications on Thursday 28th July, 2016 in the afternoon.
A copy of the prospectus is available HERE
Orders may be placed by contacting us on 25 688 688 or via email on [email protected] Orders can be placed directly via CCTrader platform starting on Monday 1st August. You can also show your interest in MGSs by clicking here.
