Malta Government Stock (MGS) Switch Auction – December 2013
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Malta Government Stock (MGS) Switch Auction – December 2013
Malta Government Stock (MGS) Switch Auction – December 2013
Page Content
This afternoon the Treasury announced in a
Press Notice
the conduct of the third stage of the 3-Year Malta Government Stock Switch Auction Programme offering for conversion up to €150,000,000
out of €388,915,541, 5.1% MGS 2014 (III) (source stock),
in any one or any combination of the 3.2% MGS 2019 (V) and 3.35% MGS 2020 (IV) (destination stocks).
The market operation shall be conducted by auction on a bid price basis.
Further details on the said MGS exchange/operation can be found in the
prospectus
which can be downloaded from the Treasury website at
www.treasury.gov.mt
.
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