New Issuance of Malta Government Stock - By Auction - September 2020
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New Issuance of Malta Government Stock - By Auction - September 2020

 
 
Updated 23/09/2020

Malta Government Stock September 2020 (by Auction) – Auction results and allocation announced

The Treasury announces the auction results and allocation of the Malta Government Stock Issue of September 2020.
 
22/09/2020
 
Pricing Guidelines of Fixed Rate Malta Government Stock
 
 
The Accountant General hereby announces the indicative pricing guidelines expressed in terms of an indicative spread over the corresponding euro mid-swap rate as follows:
 
   
0.50% MALTA GOVERNMENT STOCK 2025 (II) Fungibility Issue
Mid-Swap +51 bps area
 
 
0.80% MALTA GOVERNMENT STOCK 2027 (III) Fungibility Issue
Mid-Swap +60 bps area
 
 
1.00% MALTA GOVERNMENT STOCK 2031 (II) Fungibility Issue
Mid-Swap +81 bps area
 
 
This announcement is issued pursuant to paragraph 7 of the Offering Circular published in the Government Gazette of the 15th September, 2020 under Government Notice No. 1063.
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15/09/2020
 
The Accountant General announces the issue of €120 million Malta Government Stocks (MGS) subject to an over-allotment option of an additional sum up to a maximum of €80 million. Applications in the form of sealed bids (auction) for a minimum of €500,000 and multiples of €100,000 each, open on Wednesday 23rd September 2020 at 8:30 am and close at noon (CET) of the same day.  
 
More details can be obtained from the Press Release issued by DOI and the Offering Circular​.  The General Prospectus can be downloaded by clicking here​.