Malta government stocks issue: Prices of fixed-rate MGSs

The price of fixed-rate Malta Government Stocks announced on April 29 has been established as follows:

4.25% Malta Government Stock 2017 (III) Fungibility Issue at €100.75 with a YTM of 4.117%, which corresponds to annualised rate of 4.159%; and5.25% Malta Government Stock 2030 (I) Fungibility Issue at €100.75 with a YTM of 5.187%, which corresponds to annualised rate of 5.255%.

The issue opens on Monday and closes on the time and dates as hereunder, or earlier at the discretion of the accountant general:

(a) at 5 p.m. on Wednesday for applications by any single and/or joint applicants which in the aggregate do not exceed €100,000 per person; and

(b) at noon on May 13 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 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.

www.treasury.gov.mt