Malta To Issue Up To €500 Million In New Government Stocks

The Maltese government is launching a new issue of Malta Government Stocks, with up to €500 million set to be raised through two fixed-rate investment options.

The Accountant General announced an initial issue of €300 million, split between 3.80% Malta Government Stock 2036 (IV) and 4.25% Malta Government Stock 2046 (II). If demand exceeds expectations, the amount on offer could be increased by a further €200 million.

Members of the public can invest up to €499,900 in either or both stocks, either individually or through joint applications.

Applications for the general public will open on Monday 27th July at 8.30am and close on Wednesday 29th July at 2.30pm, although the offer may close earlier if fully subscribed.

Meanwhile, wholesale investors will be able to submit sealed bids on Friday 31st July.

The subscription prices for both stocks will be announced on Thursday 23rd July, while application forms will be available from authorised investment service providers and the Malta Stock Exchange. They can also be downloaded from the Treasury’s website from 24th July.

More detailed information about the new government stock issue, including the Offering Circular, will be available through the Treasury ahead of the launch.

READ NEXT: Watch: Baby Bats Rescued In Gozo After Extreme Heat Leaves Them Grounded

Gabriel Falzon

Gabriel Falzon is a social media executive at Lovin Malta, with a keen interest in digital media, local businesses, and the natural world. Outside of work, you’ll often find him baking up a storm, diving into video games, or exploring the endless corners of YouTube.