Malta Government Stocks – June Issue – Pricing

July 6, 2023
|In Product News
|By Jesmond Mizzi Financial Advisors

The Accountant General is offering an aggregate nominal amount of €270m, with an over-allotment option up to €130m, of Malta Government Stocks which are being offered and made available as follows:

Retail Investors’ Non-Competitive Offer (Fixed Price)

  • 3.55% Malta Government Stock 2026 (V) at €100 which corresponds to an annualised rate of 3.5812%.
  • 4.00% Malta Government Stock 2038 (I) at €100 which corresponds to an annualised rate of 4.0397%.

Jesmond Mizzi Financial Advisors Ltd (JMFA) is participating in this issue as one of the Authorised Financial Intermediaries and is currently accepting applications for this offer. The minimum subscription amount for each application has been set at €5,000 for existing JMFA clients, up to a maximum amount of €499,900 nominal per person, in multiples of €100, in any or each of the two stocks. A €25 fee applies for direct applications.

Applications for retail investors will open at 8:30 hrs on Monday July 10, 2023 and will close at 14:30 hrs on Wednesday July 12, 2023.

For further information you can visit one of our branches in Hamrun, Birkirkara and Ta’ Xbiex (by appointment) or contact us on 21 22 44 10 to speak to one of our advisors. The Offering Circular can be found on our website, www.jesmondmizzi.com.

Click here to download the offering circular.

This advertisement is not intended to constitute an offer or agreement to buy or sell investments. The investment referred to in this document may not be suitable or appropriate for every investor. No liability is accepted whatsoever for any loss howsoever arising from any information in this document. The value of investments can go down as well as up. Investors may get back less than their initial investment and past performance is no guarantee of future performance. Jesmond Mizzi Financial Advisors Limited or any connected company, their clients, officers and employees may have a position or engage in transactions in the bond issue. Jesmond Mizzi Financial Advisors Limited of 67, level 3, South Street, Valletta, Malta, is licensed to conduct investment services business by the MFSA under the Investment Services Act and is a Member of the Malta Stock Exchange.