The Accountant General is hereby announcing the issue of Fifty Million Euro (€50,000,000) Malta Government Stocks subject to an over-allotment option of an additional amount up to a maximum of Thirty Million Euro (€30,000,000) as follows:
(i) 0.25% Malta Government Stock 2026 (III) Fungibility Issue, and
(ii) 1.80% Malta Government Stock 2051 (I), or
(iii) any combination of the above two Stocks which shall in the aggregate be Euro 50,000,000.
Members of the public who are interested in investing may apply for an amount up to a maximum of One Hundred Thousand Euro (€100,000) per person in any one or in each of the two stocks on offer. Application forms can be made by one person or jointly with other persons. The applications for members of the public open from Wednesday 23rd June 2021 at 8:30 a.m. and close at 2:30 p.m. on Friday 25th June 2021, or earlier at the discretion of the Accountant General.
Applications from wholesale investors in the form of sealed bids (auction) open on Monday 28th June 2021 at 8.30 a.m. and close at 12.00 p.m. (noon) (CET) on Wednesday 30th June 2021, or earlier at the discretion of the Accountant General.
The price of each Stock listed at (i) and (ii) above offered for subscription by members of the public, shall be established on Monday 21st June 2021. The Accountant General shall be announcing the price for each stock and these shall be published in the local newspapers as well as 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 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 www.treasury.gov.mt with effect from Tuesday 22nd June 2021.
More information on these stocks can be found in the Offering Circular which can be downloaded from the Treasury’s website as from Tuesday 15th June 2021.