€50 million Floating Rate Malta Government Stocks have been issued subject to an over-allotment option of an additional sum of €30 million as follows:

(i) Floating Rate Malta Government Stock 2018 (VI) linked to the six-month Euribor + 90 basis points (bps), and

(ii) Floating Rate Malta Government Stock 2019 (IV) linked to the six-month Euribor + 100 basis points (bps), or

(iii) any combination of the above two Stocks which in the aggregate shall be €50 million.

Applications in the form of sealed bids (auction) for a minimum of € 250,000 and multiples of €50,000 each open on September 18 at 8.30am and close at noon on September 20 or earlier at the discretion of the Accountant General.

The allotment result of each stock will be determined and announced to the applicants within two hours of closing time of applications by auction.

More information on the Treasury website.

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