THE MINISTRY FOR FINANCE AND EMPLOYMENT Pricing Guidelines of Fixed Rate Malta Government Stock – Issue May 2022

The Accountant General hereby announces the indicative pricing guidelines expressed in terms of an indicative spread over the corresponding euro mid-swap rate as follows:

Stock Description Spread over Mid-Swap (MS)

1.70% MGS 2028 (IV) MS -15bps area

2.10% MGS 2032 (IV) MS +13bps area

2.60% MGS 2047 (I) MS +90bps area

Each competitive bid price must be made at one definite clean price, to be submitted for Euro100 nominal, in multiples of one Euro cent (€0.01) and quoted to two (2) decimal places.

This announcement is issued pursuant to paragraph 7 of the Offering Circular published in the Government Gazette of the 26th April 2022 under Government Notice No. 444.

Source: Office of the Prime Minister