The Accountant General said today that €100,000,000 in Government Stocks will be isued on Monday, May 17 subject to an over-allotment option of an additional sum of €50,000,000 .
He said the stock will be issued as follows:
(i) |
3.75% Malta Government Stock 2015(VI) Fungibility Issue, and |
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(ii) |
4.6% Malta Government Stock 2020 (II) Fungibility Issue, and |
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(iii) |
5.25% Malta Government Stock 2030 (I), or |
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(iv) |
any combination of the above three Stocks which shall in the aggregate be Euro 100,000,000. |
The offer price for each stock shall be established on Thursday May 13. The price for each stock will be announced to the Malta Stock Exchange and published in the media.
The issue closes at 5.00pm on Wednesday May 19 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 May 21 for applications in the form of sealed bids (auction). 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 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 website.
More information on these stocks can be found in the prospectus which can be downloaded from the Treasury website at www.treasury.gov.mt.