The Treasury has announced that there has been a strong demand both by members of the public and institutional investors to the two Issues of Malta Government Stocks – August 2010 including two Fixed Rate MGSs and one Floating Rate MGS.

By closing dates (5.00pm Wednesday 4th August, 2010 and noon Friday 6st August, 2010) the Treasury has received:

Fixed Rate MGS

3,475 applications/bids having a total nominal value exceeding €217.5 million against the authorised sum on issue of €100 million (subject to an over-allotment option for an additional amount of €50 million).

The Treasury is allotting the accepted amount as hereunder:

MGS 3.75%:
Bids: €84,615,000
Allocation:
Institutions: €33,000,000
Public: €7,115,000
 

MGS 5.25%
Bids: €133,134,600
Allocation:
Institutions: €24,250,000
Public: €84,879,800

The Treasury announces that all subscriptions by members of the public amounting to Euro 91,994,800 will be accepted in full.

Floating Rate MGS

Treasury received 10 bids having a total value of Euro 50 million against the authorised sum on issue of Euro 30 million.

The Treasury is allotting the accepted amount as hereunder:

Floating Rate MGS 2013 (VI) linked to 6 month Euribor

Bids Received: €50,000,000

Allotments: €30,000,000.

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