Malta Government Stocks – February Issue

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

 

Retail Investors’ Non-Competitive Offer (Fixed Price)

Retail investors are being offered to acquire anyone or any combination of the following two stocks at a pre-announced fixed price:

    • 3.15% Malta Government Stock 2027 (VII); and
    • 3.35% Malta Government Stock 2029 (V).

 

Wholesale Investors’ Competitive Offer (Auction)

Wholesale investors are being offered to acquire anyone or any combination of the following two stocks through a competitive auction:

    • 3.15% Malta Government Stock 2027 (VII); and
    • 3.35% Malta Government Stock 2029 (V).

 

The sum of money to be raised in any one or any combination of the three Stocks shall in the aggregate be €270m. The Accountant General reserves the right to increase the sum of money to be raised by an additional amount of up to a maximum of €130m in the event of oversubscription.

 

The fixed prices and the pricing guidelines will be published by a press release to be issued by the Department of Information of the Government of Malta as well as on Treasury’s website on February 15, 2024.

 

For further information you can visit one of our branches in Hamrun, Birkirkara and Ta’ Xbiex (by appointment) or contact us on 2122 4410 to speak to one of our advisors.

 

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. Potential Investors should read the Prospectus before making any investment decision in order to fully understand the potential risks and rewards associated with an investment in the Bond. 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.