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 of November 2011 including two Fixed Rate MGSs and one Floating Rate MGS.

By the closing dates at 5.00 p.m. on Wednesday 16th of November, 2011 and at noon on Friday 18th November, 2011, the Treasury has received the following applications/bids:

Fixed Rate MGS

5,535 applications/bids having a total nominal value exceeding Euro 295 million against the authorised sum on issue of Euro 100 million (subject to an over-allotment option for an additional amount of Euro 44 million).

The Treasury is allotting the accepted amount as hereunder:

MGS 4.25% offered to members of the public at €103.75:
Bids: €107,421,900
Allocation:
Institutions: €3,000,000
Public: €16,070,900

MGS 5.25% offered to members of the public at €103.75:
Bids: €187,637,000
Allocation:
Institutions: €6,880,000
Public: €118,036,900

The Treasury announces that all subscriptions by members of the public amounting to Euro 134,107,800 will be accepted in full.

Floating Rate MGS

Treasury received 11 bids having a total value of Euro 44.5 million against the authorised sum on issue of Euro 24 million.

The Treasury is allotting the accepted amount as hereunder:

Floating Rate MGS 2014 (VI) linked to 6 month Euribor

Bids Received: €44,500,000

Allotments: €24,000,000.

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