€100 million Malta Government Stocks subject to an over-allotment option of an additional €40 million have been issued.
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(i) |
3.75% Malta Government Stock 2017(IV) Fungibility Issue, and |
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(ii) |
4.3% Malta Government Stock 2022 (II) Fungibility Issue, and |
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(iii) |
4.8% Malta Government Stock 2028 (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 government said in a statement that applications open on Monday at 8.30 a.m. and close
- at 5pm on October 31 for applications by any single and/or joint applications which in the aggregate do not exceed €100,000 per person, and
- at noon on November 2 for applications in the form of sealed bids (auction)
They may also close earlier at the discretion of the accountant general.
The price of each Stock at (i), (ii) and (iii) above, offered for subscription by the public, shall be established on Thursday and announced to the Malta Stock Exchange and published in the daily local newspapers.
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 of 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 also from the treasury’s website as from today week.