Prices of Fixed Rate Malta Government Stock for Retail Investors – Issue February 2023

Further to Press Release No. 177 issued on Thursday, 9^th February 2023, the Accountant General notifies that the price for each Stock offered for subscription by members of the public has been established as follows:

(i)            3.50% Malta Government Stock 2028 (VI) at €101.25 with a YTM of 3.2434%, which corresponds to an annualised rate of 3.2697%, and

(ii)           4.00% Malta Government Stock 2043 (I) at €100.00 with a YTM of 3.9996%, which corresponds to an annualised rate of 4.0396%.

The applications open and close on the time and dates as indicated below, or earlier at the discretion of the Accountant General:

Applications from:

(i)            members of the public for an amount not exceeding €499,900 per person in any or in each of the two stocks open on Monday, 20^th February 2023 at 8.30 a.m. and close at 2.30 p.m. on Wednesday, 22^nd February 2023; and

(ii)           wholesale investors in the form of sealed bids (auction) open on Friday, 24^th February 2023 at 8.30 a.m. and close at noon (CET) of the same day. The allotment results of each stock to applicants whose applications are in the form of sealed bids (auction) will be determined and announced two hours after the closing time of the auction.

Application forms may be obtained from and lodged at, all members of the Malta Stock Exchange and other authorised Investment Service Providers. Application forms may also be downloaded from the Treasury’s website as from Friday, 17^th February 2023.

More information on these stocks is available in the Offering Circular and on Treasury’s website at www.treasury.gov.mt.