NEW ISSUE €270,000,000 Malta Government Stocks

The Government of Malta will be launching a new issue of Malta Government Stocks as detailed hereunder: 

1. 3.55% Malta Government Stock 2026 (V) (Offered to both Retail and Wholesale Investors by Auction); and
2. 3.75% Malta Government Stock 2033 (III) (Offered by Auction to Wholesale Investors only); and
3. 4.00% Malta Government Stock 2038 (I) (Offered to Retail Investors only)

The Accountant General is offering an aggregate nominal amount of Euro 270,000,000 in any combination of the above three Stocks subject to an over-allotment option of Euro 130,000,000 in the event of over-subscription.

The prices communicated on the 6^th of July 2023 are as follows: 

• 4.00% MGS 2038 (I) at Euro 100.00 – YTM of 4.00% which corresponds to an annualised rate of 4.04%.
• 3.55% MGS 2026 (V) at Euro 100.00 – YTM of 3.55% which corresponds to an annualised rate of 3.58%; and
• The indicative pricing guidelines in respect of the 3.75% Malta Government Stock 2033 (III), offered to wholesale investors (by auction) expressed in terms of an indicative spread over the corresponding euro mid-swap rate is as follows – 3.75% MGS 2033 (III); MS +71bps area

Should you wish to view further information, kindly click here to download the offering circular. 

How to Apply: 

Online
Should you wish to apply online you can do so easily via our Moneybase Invest platform from Thursday, the 6^th of July 2023 after prices have been published. The Moneybase Invest is available as an app on both Android and IOS stores and also on the web at https://live.moneybase.com If you need assistance our ISO-certified customer care team is available to assist 7 days a week.

If you are interested to participate in this issue and need to fund your account, we strongly recommend that you fund your account using the IBAN provided on your account for fast straight-through processing. This can be found easily on your portfolio and statement reports or on our online portals. Please contact customer care if you are unable to locate this.

Disclaimer

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Calamatta Cuschieri Investment Services Ltd is licensed to conduct investment services business under the Investments Services Act by the MFSA and is also registered as a Tied Insurance Intermediary under the Insurance Distribution Act.