The Treasury Department has announced the final results for the Malta Government Stocks issued in August 2024. The total nominal amount received from both retail and wholesale investors reached €630,936,100, surpassing the authorized issuance sum of €270,000,000. An additional over-allotment option of up to €130,000,000 was also available.
Retail investors submitted 3,097 applications by the July 31, 2024 deadline, totaling €102,436,100. These applications, which were part of the non-competitive issuance at a fixed price, were fully accepted. The allotments included €30,653,300 for the 3.40% Malta Government Stock 2027 (VI) (F.I.) and €71,782,800 for the 3.50% Malta Government Stock 2034 (III).
In the competitive auction for wholesale investors, 104 bids totaling €528,500,000 were received by August 2, 2024. The allotments included €82,000,000 for the 3.40% Malta Government Stock 2027 (VI) (F.I.) and €204,000,000 for the 3.50% Malta Government Stock 2034 (III), with a total of €286,000,000 allocated from the bids.
For additional information, the full issuance results can be accessed on the Treasury Department’s website at www.treasury.gov.mt.