The Accountant General announces the details of an Offer of Rollover to Bondholders of the 62+ MGSB – Issue 2021 to a new, 62+ MGSB – Issue 2026.
The new 62+ MGSB – Issue 2026, shall be issued with the same terms as the existing 62+ MGSB – Issue 2021, save for the interest rate which shall be 3.50% per annum fixed for the 5-Year term. A prescribed Application Form showing the nominal amount held in the 62+ MGSB – Issue 2021 is being sent by the Accountant General to all the bondholders of the 62+ MGSB – Issue 2021 whose name appeared on the register at close of business of Friday, 04 September 2026 (the cut-off date).
Bondholders who wish to roll over their holdings should sign the Application Form and send it in the self-addressed envelope provided with the Application Form. The Application Forms are to be sent by not later than Friday, 02 October 2026.
Bondholders who do not wish to roll over their holdings do not need to do anything and will receive the whole redemption proceeds on Thursday, 15 October 2026 (maturity date).