The Treasury is offering €100,000,000 of Malta Government Stocks subject to an over-allotment option of an additional €50 million, it announced on Tuesday.
It is also issuing €30 million Floating Rate Malta Government Stock: 3.75 per cent Malta Government Stock 2015(VI) Fungibility Issue, and 5.25 per cent Malta Government Stock 2030 (I), Fungibility Issue, or any combination of the two stocks., and a Floating Rate Malta Government Stock 2013 (VI) linked to the six-month Euribor.
Interest is payable half yearly in arrears. The offer price for the stock will be established on July 29 and announced to the Malta Stock Exchange.
Applications open on August 2 and close at 5 p.m. on August 4 for applications by any single and/or joint applications which in the aggregate do not exceed €100,000 per person, and noon of August 6 for applications in the form of sealed bids (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.
More information on these stocks can be found in the relative prospectuses which can be downloaded from the Treasury website at www.treasury.gov.mt