The Accountant General announces the
issue of €60,000,000 Malta Government Stock subject to an over-allotment option
of an additional amount up to a maximum of €30,000,000 as follows:
- 0.5% Malta
Government Stock 2025 (II) Fungibility Issue.
Applications in the form of sealed bids
(auction) for a minimum of € 500,000 and multiples of €100,000 each open on
Wednesday 20th November 2019 at 8.30 a.m. and close at noon (CET) of the same
day or earlier at the discretion of the Accountant General.
Bids on the prescribed form are to be
transmitted by e-mail at the e-mail addresses indicated on the application form
or by fax on +356 2596 7210 or deposited in the Treasury’s tender box in
The allotment result of the Stock will
be determined and announced two hours immediately after the closing time of the
The application form may be obtained
from all members of the Malta Stock Exchange and other authorised Investment
Service Providers or downloaded from the Treasury’s website.
The Accountant General will announce
indicative pricing guidelines via a Press Release to be published on Tuesday
19th November 2019 consisting of an indicative spread over the relevant euro
mid-swap rate, broadly reflecting the secondary market conditions with respect
to the 0.5% Malta Government Stock 2025 (II).
More information on this Stock can be
found in the Offering Circular which together with the General Prospectus and
Malta Government Stocks Regulations can be downloaded from the Treasury’s
website at www.treasury.gov.mt.
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