Prices of government stocks announced

The Accountant General said today that the prices of new government stocks due to be issued on Monday will be as follows:

(i) 3.6% Malta Government Stock 2013 (IV) Fungibility Issue at € 100.75 with a YTM of 3.393%, which corresponds to annualised rate of 3.422 %

(ii) 4.6% Malta Government Stock 2020 (II) at € 100.00 with a YTM of 4.600 %, which corresponds to annualised rate of 4.653%

In the case of Floating Rate Malta Government Stock 2015 (V) linked to the six (6) month Euribor, the Treasury will announce the initial interest rate on 16th November 2009.

The issue opens on Monday and closes at 5.00pm on Wednesday for applications by any single and/or joint applications which in the aggregate do not exceed €100,000 per person, and at noon on Friday 13th November, for applications in the form of sealed bids (auction).

The allotment results of each stock to applicants whose applications 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 and lodged at, all members of the Malta Stock Exchange and other authorised Investment Service Providers. Application forms may also be downloaded from Treasury website.

www.treasury.gov.mt