Prices of Fixed Rate Malta Government Stock for Retail Investors – Issue October 2022

Further to Press Release No. 1302 issued on Friday, 30 September 2022, the Accountant General notifies that the price for each Stock offered for subscription by members of the public has been established as follows:

(i) 3.40% Malta Government Stock 2027 (VI) at €101.25 with a YTM of 3.124%, which corresponds to an annualised rate of 3.149%, and

(ii) 4.00% Malta Government Stock 2032 (VII) at €100.00 with a YTM of 4.000%, which corresponds to an annualised rate of 4.040%.

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 €100,000 per person in any or in each of the two stocks open on Monday, 10^th October 2022 at 8.30 a.m. and close at 2.30 p.m. on Wednesday, 12^th October 2022 and

(ii) wholesale investors in the form of sealed bids (auction) open on Friday, 14 October 2022 at 8.30am 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, 7 October 2022.

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