Treasury to issue €100m MGS

A new Malta Government Stocks issue announced by the treasury on Tuesday will amount to €100 million, subject to an over-allotment option of an additional €50 million. The treasury is also to issue €30 million Floating Rate Malta Government Stock: 3.75...

A new Malta Government Stocks issue announced by the treasury on Tuesday will amount to €100 million, subject to an over-allotment option of an additional €50 million.

The treasury is also to issue €30 million Floating Rate Malta Government Stock: 3.75 per cent Malta Government Stock 2015(VI) Fungibility Issue, and 5.25 per cent Malta Government Stock 2030 (I), Fungibility Issue, or any combination of the two stocks, and a Floating Rate Malta Government Stock 2013 (VI) linked to the six-month Euribor.

Interest is payable half yearly in arrears.

The offer price for the stock will be established on July 29 and announced to the Malta Stock Exchange.

Applications for the separate tranches begin to open on August 2.

More information is available on www.treasury.gov.mt.

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