The Accountant General is hereby announcing the issue of three hundred million euro (€300,000,000) Malta Government Stock in any one or any combination of the following two stocks:
(i) 3.00% Malta Government Stock 2030 (IV); and
(ii) 3.50% Malta Government Stock 2035 (III).
The sum of money to be raised may be increased further by a maximum of €150,000,000 in the event of oversubscription.
Members of the public who are interested to invest may apply for an amount up to a maximum of four hundred ninety-nine thousand, nine hundred euro (€499,900) per person in any one or in each of the two stocks on offer. Application forms can be made by one person or jointly with other persons. The applications for members of the public open from Monday the 17th of February 2025 at 8:30am and close at 2:30pm on Wednesday the 19th of February 2025, or earlier at the discretion of the Accountant General.
Applications from wholesale investors in the form of sealed bids (auction) open on Friday the 21st of February 2025 at 8:30am and close at 12:00pm (noon) (CET) of the same day, or earlier at the discretion of the Accountant General.
The Accountant General shall be announcing the price for each stock offered for subscription by members of the public on Thursday the 13th of February 2025. These prices shall be published through a Press Release by the Department of Information (DOI).
The allotment results of each stock to applicants whose applications are in the form of sealed bids (auction) will be determined and announced two hours after the closing time of the auction.
Application forms may be obtained from and lodged at all members of the Malta Stock Exchange and other authorised investment service providers. Application forms may also be downloaded from the Treasury's website treasury.gov.mt/en/application-forms/ with effect from Friday the 14th of February 2025.
More information on these stocks can be found in the Offering Circular which can be downloaded from the Treasury's website https://treasury.gov.mt/en/dmd-news/ as from Friday the 7th of February 2025.