Ministry announces up to €500 million in new Malta Government Stocks

Two fixed-rate stocks announced

The Ministry for Finance published a release dated 25 September 2026 announcing an initial €300 million Malta Government Stock issue comprising:

• 4.30% Malta Government Stock 2037 (II)
• 4.50% Malta Government Stock 2041 (III)

The amount may be increased by up to €200 million in the event of oversubscription, potentially bringing the total issue to €500 million.

Retail applications open in October

Members of the public may apply for up to €499,900 per person in either or both stocks. Retail applications are scheduled to open at 08:30 on 5 October 2026 and close at 14:30 on 7 October, unless closed earlier.

The Accountant General is due to announce the retail issue price for each stock on 1 October 2026. Application forms will also be available through the Treasury from 2 October.

Wholesale auction follows on 9 October

Wholesale investors will participate through a sealed-bid auction opening at 08:30 on 9 October and closing at noon that day. Auction allotment results are expected two hours after the closing time.

The issue is relevant to investors because it adds two new medium- and long-dated sovereign securities to the Maltese government bond market.