The government will issue €100 million in stocks on Monday, with an over-allotment option of an additional sum of €20 million, the Accountant General said today.

The issue will be as follows:

(i) 3.6% Malta Government Stock 2013 (IV) Fungibility Issue, or

(ii) 5.2% Malta Government Stock 2020 (I) Fungibility Issue, or of

(iii) Any combination of the above two Stocks shall in the aggregate be €100,000,000

The price for each stock shall be established three days prior to opening of the applications.

The issue closes at 5 p.m. on June 24 for applications by any single and/or joint applications which in the aggregate do not exceed €100,000 per person, and at noon on June 26 for applications in the form of sealed bids (auction). The issues can close earlier if there is over subscription.

The allotment results of each stock to applicants whose applicants are in the form of sealed bids (auction) will be determined and announced within two hours immediately after the closing time of applications by auction.

Application forms may be obtained from all members of the Malta Stock Exchange and other authorised Investment Service Providers. Application forms may also be downloaded from Treasury website at www.treasury.gov.mt

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