Save from as low as €40 per month Change modify pause
The Treasury has announced the issue of three new Malta Government Bonds for a total aggregate amount of €130 million subject to an over-allotment option of up to a further €90 million. The three new fixed rate stocks are:
(i) 1.4% Malta Government Stock 2023 (III),
(ii) 1.5% Malta Government Stock 2027 (I),
(iii) 2.2% Malta Government Stock 2035 (I).
The General Public may submit single or joint applications for the new bonds in one of the following manners:
– Applications in multiples of €100 and up to a maximum of €100,000 (nominal) per application (retail)
– Applications which in the aggregate are over €100,000, but do not exceed €500,000 in any or each of the two Stocks, shall be in the form of sealed bids (auction) for a minimum of €100,100 each,
– Applications which in the aggregate exceed €500,000 in any or each of the two Stocks, shall be in the form of sealed bids (auction) for a minimum and multiples of €500,000 each.
Applications Opening: Monday 13st February 2017 at 8:30am
Retail Applications Deadline: Wednesday 15th February 2017 at 05:00pm (or earlier at the discretion of the Accountant General)
Sealed Bids (Auction) Deadline: Monday 20th February 2017 at 12:00pm
The Treasury will be releasing the official prices for retail applications during on Wednesday 08th February 2017 in the afternoon.
A copy of the prospectus is available HERE
Orders may be placed by contacting us on 25 688 688 or via email on [email protected]. Clients can place orders directly via CCTrader platform starting on Wednesday 8th February.
You are signing up to receive news, updates, general market announcement, articles and product or service marketing. By signing up you are consenting to our privacy policy and can unsubscribe at any time.