€300 million in fixed rate government stocks issued
The stocks can be acquired in any one or a combination of two stock options
The Accountant General has announced the issue of €300,000,000 Malta Government Stock.
They can be acquired in any one or any combination of the following two stocks:
(i) 3.80% Malta Government Stock 2036 (III)
(ii) 4.10% Malta Government Stock 2041 (II)
The sum of money to be raised may be increased further by an additional amount of up to a maximum of €200,000,000 in the event of oversubscription.
Members of the public who are interested in investing may apply for an amount up to a maximum of €499,900 per person. Application forms can be made by one person or jointly with other person or persons.
The applications for members of the public open on April 20 at 8.30am and close at 2.30pm on April 22, or earlier at the discretion of the Accountant General.
Applications from wholesale investors in the form of sealed bids (auction) open on April 24 at 8.30am and close at 12pm (CET) of the same day, or earlier at the discretion of the Accountant General.
The Accountant General will announce the price for each stock offered for subscription by members of the public on April 16.
The allotment results of each stock to applicants whose applications are in the form of sealed bids (auction) will be determined and announced two hours after the closing time of the auction.
Application forms may be obtained from and lodged at all members of the Malta Stock Exchange and other authorised investment service providers.
Application forms may also be downloaded from the Treasury’s website starting from April 17.