Updated: 27/10/2022
Malta
Government Stock Issue - October 2022 – Results and allocation announced
The
Treasury announces the results and allocaton of the stocks
issued. More information is available in the Press Release issued
on Thursday 27th October 2022. Additional information can be found on the MGS Issuance Results published on the
Treasury's website.”
12/10/2022
Malta
Government Stock Issue - October 2022:- Closure of the MGS Issuance announced - Retail applications accepted in full
The Treasury announces that the Malta Governement Stock Issue of October
2022 has been closed after the amount of subscriptions received from retail
investors was just below €300 million. The Treasury exercised its
oversubscription option such that the aggregate amount to be allocated has been
increased up to a maximum amount of €300 million.
As a result of this development, the auction which was scheduled to be
held at noon on Friday 14th October 2022 has been cancelled as no
material volume was left available for allocation under the auction/bid
system. The Treasury will be launching another MGS issue in mid-November 2022.
The full
results will be published on Treasury’s website as soon as all the applications
have been vetted for compliance with the Offering Circular and General
Prospectus. The Press Release can be accessed by clicking on the link
below:
PRESS RELEASE BY THE MINISTRY FOR FINANCE AND EMPLOYMENT Closure of the Malta Government Stock Issuance - October 2022
06/10/2022
Further to Press Release No. 1302 issued on Friday
30th 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%.
More information is available in the Press
Release issued on Thursday 6th October,
2022.
30/09/2022
The Accountant General announces the issue of €200 million Malta Government Stock (MGS) subject to an over-allotment option of an additional sum up to a maximum of €100 million in the following two stocks:
(1) 3.40% Malta Government Stock 2027 (VI); and
(2) 4.00% Malta Government Stock 2032 (VII).
The time window for applications by retail and institutional investors shall be as indicated below:
a) Retail Investors
Applications for retail investors open at 8.30 a.m. on Monday, 10th October 2022 and close at 2.30 p.m. on Wednesday, 12th October 2022 or earlier at the discretion of the Accountant General.
The fixed price of each stock offered under the non-competitive element of the issuance (Retail Investors) will be published by a Press Release on Thursday, 6th October 2022. The application forms will be available as from Friday, 7th October 2022.
b) Wholesale Investors (Auction)
Applications (bids) for participation in the competitive auction open at 8.30 a.m. on Friday, 14th October 2022 and close on the same day at noon (CET).
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.