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.

Little chance of wage-price spiral, says Finance Minister, but businesses must do their part by reining in profits

September 28, 2023
by Robert Fenech

Clyde Caruana calls on businesses to dip into bumper post-pandemic profits to increase wages and capacity

Air Malta cancels flights to and from Milan due to Italian national strikes

September 27, 2023
by Anthea Cachia

Italy is set to experience three 24-hour national strikes called by local transport unions

There are (relatively) more restaurants in Malta than in New York, Paris or London

September 27, 2023
by Robert Fenech

In number of restaurants against market size, Malta tops global list