A new issuance of the 62+ Malta Government Savings Bond for the year 2021 has just been announced by the Minister of Finance and Employment, with the amount on offer being that of €65,000,000 which may be increased by an additional maximum of €35,000,000 in the event of over-subscription.

Those interested to subscribe to the Bond Issue can get in touch with us on on +356 25 688 688 or send us an email on [email protected].

Issued on similar terms and conditions to previous issuances held over the past four years, the Bond Issue shall be open to all individuals born in the year 1959 or before.

The Bond’s main features are as follows:

  • The rate of interest is that of 3% per annum fixed for five years until the maturity of the bond on 15th October 2026.
  • Interest is paid semi-annually in arrears.
  • Eligible individuals can apply in their sole name for a minimum amount of €500 up to a maximum of €10,000, in multiples of €100.
  • Early repayment of principal is subject to a penalty equivalent to three months interest.
  • The bond is not negotiable and cannot be transferred onto another individual.

EU citizens residing in an EU country are eligible to apply, while no applications under nominee accounts will be accepted. Meanwhile, eligible individuals will be classified in two categories, namely:

Category A applicants – New applicants who have not participated in last year’s 62+ Savings Bond. These individuals can obtain and lodge the application FORM A with Calamatta Cuschieri.

Category B applicants – Existing holders of the 62+ Malta Government Savings Bond issued in 2020. These individuals will be receiving an application FORM B by post, which they can then lodge with Calamatta Cuschieri.

Clients who wish to subscribe to the Bond via CCTrader, may do so by using the following securities:

New applicants: 3% 62+ Malta Government Savings Bond 2021 – Form A

Existing holders of the 62+ MGSB: 3% 62+ Malta Government Savings Bond 2021 – Form B

Applications will be open on Wednesday, 29th September 2021 at 8.30am and close at 2.30pm on Monday 4th October 2021 or earlier at the discretion of the Accountant General.

A copy of the prospectus is available here.

Investors interested in subscribing to the Bond are invited to visit one of our branches across Malta or get in touch with us via the phone on +356 25 688 688.

Calamatta Cuschieri Investment Services Ltd is licensed to conduct investment services business under the Investments Services Act by the MFSA. The value of the investment can down as well as up and past performance is not necessarily indicative of future performance.

This Bond is targeted at Retail Investors of age 62+ seeking income. Prospective investors wishing to subscribe for Bonds of the Issuer should do so on the basis of the Prospectus, including the Risk factors contained therein.

This advert has been approved for issue by Calamatta Cuschieri Investment Services Limited, which is licensed to undertake investment services in Malta by the MFSA under the Investment Services Act, Cap 386. CCIS, Ewropa Business Centre, Triq Dun Karm, Birkirkara BKR 9034, Malta.