Rollover of 62+ MGSB – Issue 2019 to a new 62+MGSB – Issue 2024

 
15/03/2024
 

62+ MGSB – Issue 2019 Rollover Results  

The Treasury department announces the results of the 62+ Malta Government Savings Bond – Issue 2024, issued through a rollover offer.  

More information is available in the Press Release​ issued on Friday 15th March 2024 and the 62+ MGSB Issue Results published on the Treasury Department’s website.

23/02/2024

The Accountant General announces the details of an Offer of Rollover to Bondholders of the 62+ MGSB – Issue 2019 to a new, 62+ MGSB – Issue 2024.  

The new 62+ MGSB – Issue 2024, shall be issued with the same terms as the existing 62+ MGSB – Issue 2019, save for the interest rate which shall be 3.35% per annum fixed for the 5-Year term. A prescribed Application Form showing the nominal amount held in the 62+ MGSB – Issue 2019 is being sent by the Accountant General to all the bondholders of the 62+ MGSB – Issue 2019 whose name appeared on the register at close of business of Friday 23rd of February 2024 (the cut-off date).  

Bondholders who wish to roll over their holdings should sign the Application Form and send it to the Registrar in the self-addressed envelope provided with the Application Form. The Application Forms are to be sent by not later than Wednesday the 6th of March 2024. Bondholders who do not wish to roll over their holdings do not need to do anything and will receive the whole redemption proceeds on the maturity date (20th March 2024) of the Maturing Bond.   

More details can be obtained from the Press Release issued by the DOI, and the Prospectus​.​

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