PRESS RELEASE BY THE MINISTRY FOR FINANCE: Pricing Guidelines of Fixed Rate Malta Government Stocks Issue March 2019

The Accountant General hereby announces the indicative pricing guidelines expressed in terms of an indicative range of yield spreads over the relevant euro mid-swap rate as follows:


Stock DescriptionSpread over Mid-Swap (MS)
1.4% MGS 2024 (III) F.I.MS + 23 bps area
1.85% MGS 2029 (III) F.I.MS + 54 bps area


Each competitive bid price must be made at one definite clean price, to be submitted for Euro100 nominal, in multiples of one Euro cent (€0.01), and quoted to two (2) decimal places.


This announcement is issued pursuant to paragraph 7 of the Offering Circular published in the Government Gazette of the 19th February, 2019 under Government Notice No. 222.