Malta Government Stocks – October 2024 Issue – Pricing

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)

  • 2.80% Malta Government Stock 2030 (III) at €100 which corresponds to a YTM of 2.7996%.
  • 3.25% Malta Government Stock 2034 (IV) at €100 which corresponds to a YTM of 3.2497%

 

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 8:30am on Monday October 7, 2024 and will close at 2:30pm on Wednesday October 9, 2024.

You may contact us on freephone number 8007 2206 or speak to our Investment Advisors at one of our branches in Hamrun or Birkirkara or by appointment in Valletta or Ta’ Xbiex.

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.