November pricing guidelines of fixed rate Malta Govt. stock

The Accountant General has stated the pricing guidelines of fixed rate Malta Government stock for November.

He announced that the indicative pricing guidelines expressed in terms of an indicative spread over the corresponding euro mid-swap rate are as follows:

Stock DescriptionSpread over Mid-Swap (MS)
0.40% MGS 2026 (II) F.I.MS +51bps area
0.80% MGS 2027 (III) F.I.MS +51bps area
1.50% MGS 2045 (I) F.I.MS +145bps area

Each competitive bid price must be made at one definite clean price, to be submitted for €100 nominal, in multiples of €0.01 and quoted to two (2) decimal places.