The Treasury said today that the initial interest rate in respect of the Floating Rate Malta Government Stock 2013 (VII) linked to the six-month Euribor for the period 18th May, 2011 to 17th November, 2011 (both dates included) is 2.157% pa.
The initial interest rate is based on the six-month Euribor as determined and published today, at 1.707% plus a spread of 45 basis points.