The Treasury is allocating the latest 100 million euro Malta Government Stock issue as follows:

MGS 3.75% 2015 FI

338 applications subscribed in the 3.75% MGS having a nominal value of €6,202,600 will be accepted in full.

MGS 5.25% 2030 FI

The remaining balance of Euro 93,797,400 (nominal) will be allocated under the MGS 5.25% 2030 FI as follows:

• 2,937 applications up to Euro 20,000 in nominal terms (including those applications submitted by each applicant under the nominee system) shall be met in full;

• 1,892 applications in excess of 20,000 euros in nominal terms (including those applications submitted by each applicant under the nominee system) shall receive a minimum of 20,000 euros per application plus an additional 36 per cent of the remaining unallocated balance per application rounded up to the nearest 100 euros.

The government said that in this way, the Treasury shall be satisfying in full nearly 61 per cent of applications received.

As stipulated in the prospectus, interest on these stocks will commence accruing tomorrow.

Refunds of unallocated monies will be effected before the issue of relevant Registration Advice from the Malta Stock Exchange and will be paid by direct credit in the account indicated for the payment of dividends (interest) on the application form.

No interest shall be due on refunds or other amount pending allotment.