New issue of Fixed Rate Malta Government Stock by auction – November

The Accountant General announces the issue of €60,000,000 Malta Government Stock subject to an over-allotment option of an additional amount up to a maximum of €30,000,000 as follows:

• 0.5% Malta Government Stock 2025 (II) Fungibility Issue Applications in the form of sealed bids (auction) for a minimum of €500,000 and multiples of €100,000 each open on Wednesday, 20 November at 8.30am and close at noon of the same day or earlier at the discretion of the Accountant General.

Bids on the prescribed form are to be transmitted by email at the email addresses indicated on the application form or by fax on +356 2596 7210 or deposited in the Treasury’s tender box in Floriana.

The allotment result of the Stock will be determined and announced two hours immediately after the closing time of the auction.

The application form may be obtained from all members of the Malta Stock Exchange and other authorised Investment Service Providers or downloaded from the Treasury’s website.

The Accountant General will announce indicative pricing guidelines via a Press Release to be published on Tuesday, 19 November consisting of an indicative spread over the relevant euro mid-swap rate, broadly reflecting the secondary market conditions with respect to the 0.5% Malta Government Stock 2025 (II).

More information on this Stock can be found in the Offering Circular which together with the General Prospectus and Malta Government Stocks Regulations can be downloaded from the www.treasury.gov.mt