Borza Malta Stock Exchange

Bids on Malta’s Government stock in February exceeded the authorised sum of €180 million, so the maximum over-allotment sum of €120 million was deployed, the Treasury announced on Thursday.

The Treasury revealed that by the closing date on 24th February 2021, 106 bids to a nominal value of €408.8 million were received and accepted in February.

From these bids, the Treasury has allocated €300 million, it said.

The most popular stock in February was the 0.4 per cent 2027 option, which received €241,400,000 in bids, before being reduced to a nominal allotment of €146,600,000. 

Both the 1.4 per cent 2046 option and 1.0 per cent 2035 option received similar interest, receiving a nominal allotment of €76,000,000 and €77,400,000 respectively.

February Government stock bids and allotments. Source: Treasury

 The Treasury initially announced that it would be issuing €180,000,000 Malta Government Stock, with an additional €120,000,000 available in the case of over-allotment on 16th February.

Related

trade shipping container

Malta registers a trade deficit of €301.1 million in September

November 11, 2024
by Anthea Cachia

September’s figure represents an increase of €30.3 million from the €270.8 million recorded in 2023

Stakeholders react to Clayton Bartolo scandal: Calls for accountability and ethical reform

November 11, 2024
by Nicole Zammit

'Ministers and civil servants are there to serve the people, not to take advantage of their positions'

PIN-UP Global will present new solutions and career opportunities at SiGMA Europe

November 8, 2024
by BN Writer

The company aims to build partnerships, promote products, and showcase PIN-UP.INVESTMENTS