The Accountant General announces the issue of €100,000,000 Government Stocks subject to an over-allotment option of an additional sum of €50,000,000 on Monday, the17th of May, 2010 as follows:
(i) 3.75% Malta Government Stock 2015(VI) Fungibility Issue, and
(ii) 4.6% Malta Government Stock 2020 (II) Fungibility Issue, and
(iii) 5.25% Malta Government Stock 2030 (I), or
(iv) any combination of the above three Stocks which shall in the aggregate be Euro 100,000,000.
The offer price for each Stock shall be established on Thursday 13th May, 2010. The price for each Stock shall be announced to the Malta Stock Exchange and published in the daily local newspapers and through a Press Release by the Department of Information (DOI).
The issue closes on the time and dates as hereunder, or earlier at the discretion of the Accountant General:
(i) at 5.00pm on Wednesday 19th May, 2010 for applications by any single and/or joint applications which in the aggregate do not exceed €100,000 per person, and
(ii) at 12:00 (noon) on Friday 21st May, 2010 for applications in the form of sealed bids (auction). The allotment results of each stock to applicants whose applicants are in the form of sealed bids (auction) will be determined and announced within two hours immediately after the closing time of applications by 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 website.
More information on these stocks can be found in the prospectus which can be downloaded from the Treasury website at www.treasury.gov.mt [1].