The issuance of Malta Government Stock for the financial year 2015 has been set not to exceed €500 million.

The Treasury said it would finance the central government’s borrowing requirements, including the redemption of six MGS issues amounting to over €349 million due to mature this year, and financing of the deficit estimated at €148.6 million.

The Treasury said it intended to fund the financing requirements for 2015 over three to four issues, the first in February.

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