PRESS RELEASE BY THE MINISTRY FOR FINANCE AND FINANCIAL SERVICES Cancellation of unsettled allotted amount in the 1.5% mgs 2045 (i) f.i. – in the Malta Government Stock Issue – November 2020

Reference is made to the Press Release (PR202179en) of 4th November 2020 issued by the Ministry for Finance and Financial Services announcing the auction results and allotment of the stocks offered in the Malta Government stock Issue of November 2020.

The Treasury informs that an allotted amount of €50 million nominal in the 1.5% MGS 2045 (I) F.I. has been cancelled since the payment due from a successful bidder in this stock had not been received.  In terms of Article 13.1 (f) of the General Prospectus published on 30th November 2018, the Treasury cancelled the unsettled allotted amount without allotting further bids.

Hence, the revised allotted amount in the 1.5% MGS 2045 (I) F.I. shall be €114.3 million whilst the allotment in the other two stocks shall remain unchanged.  After the cancellation of the unsettled amount the Treasury accepted the amount of the Euro 185 million among the three stocks, as shown hereunder: 

 Bids ReceivedAllotment
 Nominal  (€)Nominal (€)
0.40% MALTA GOVERNMENT STOCK 2026 (II) F.I.131,500,00040,700,000
0.80% MALTA GOVERNMENT STOCK 2027 (III) F.I.184,500,00030,000,000


1.50% MALTA GOVERNMENT STOCK 2045 (I) F.I.176,300,000(*)114,300,000(**)

(*) includes unsettled amount of €50 million nominal which was cancelled

(**)  Revised allotted amount

​More information can be found on the updated MGS Issuance Results report published on Treasury's website at