Advert

Government announces stock prices

The government has announced the prices for its latest stock issue of €100 million, subject to an over-allotment option of an additional €60 million.

(i) 3.2 per cent Malta Government Stock 2019 (V) Fungibility Issue at €105.50 with a YTM of 2.119 per cent, which corresponds to an annualised rate of 2.130 per cent;

(ii) 3.3 per cent Malta Government Stock 2024 (I) at €100.25 with a YTM of 3.272 per cent which corresponds to an annualised rate of 3.299 per cent; and

(iii) 4.45 per cent Malta Government Stock 2032 (II) at €100.25 with a YTM of 4.430 per cent, which corresponds to an annualised rate of 4.479 per cent.

Applications open tomorrow at 8.30am and close as follows, or earlier at the discretion of the Accountant General: at 5pm 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 March 3 for applications in the form of sealed bids (auction).

The allotment results to applicants whose applications are in the form of sealed bids will be determined and announced 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

Advert

Comments are submitted under the express understanding and condition that the editor may, and is authorised to, disclose any/all of the above personal information to any person or entity requesting the information for the purposes of legal action on grounds that such person or entity is aggrieved by any comment so submitted.

At this time your comment will not be displayed immediately upon posting. Please allow some time for your comment to be moderated before it is displayed.

For more details please see our Comments Policy

Comments not loading? We recommend using Google Chrome or Mozilla Firefox with javascript turned on.
Comments powered by Disqus
Advert
Advert