The Malta Independent 22 November 2019, Friday

New issue of fixed rate Malta Government Stocks

Friday, 12 February 2016, 12:23 Last update: about 5 years ago

The Accountant General announces the issue of €120,000,000 Malta Government Stocks subject to an over-allotment option of an additional amount up to a maximum of €80,000,000 as follows:

(i)

1.5% Malta Government Stock 2022 (IV), and

 

 

(ii)

2.5% Malta Government Stock 2036 (I), or

 

 

(iii)

any combination of the above two Stocks which shall in the aggregate be euro 120,000,000.

Applications open on Monday 22 February, 2016 at 8.30 a.m. and close on the time and dates as hereunder, or earlier at the discretion of the Accountant General:

  • at 5.00 p.m. on Wednesday 24 February, 2016 for applications by any single and/or joint applicants which in the aggregate do not exceed euro100,000 per person, and
  • at 12.00 (noon) on Monday 29 February, 2016 for applications in the form of sealed bids (auction).

The price of each Stock at (i) and (ii) above, offered for subscription by members of the public shall be established on Thursday 18th February, 2016. Such price shall be announced to the Malta Stock Exchange and published in the daily local newspapers and through a press release by the Department of Information (DOI).

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 immediately after the closing time of applications by 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 be downloaded also from the Treasury’s website with effect from Friday 19 February, 2016.

More information on these stocks can be found in the prospectus which can be downloaded from the Treasury’s website at (www.treasury.gov.mt) as from Friday 12 February, 2016.

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