Thursday, December 24, 2020 Official List - Malta Goverment Bonds Security ISIN Amount Listed Security Name Symbol Code Currency Listing MT0000012139 286,651,500 4.5% MGS 2028 (II) G28B EUR Primary MT0000012220 140,454,200 4.65% MGS 2032 (I) G32A EUR Primary The full terms and conditions have been issued in the Prospectus. The amount on issue is €60 million subject to an over-allotment option of an additional amount up to a maximum of €35 million. Applications shall open at 8:30 a.m. on Wednesday 15th July 2020 and close at 5:00 p.m. on Thursday 16th July 2020, or earlier at the discretion of the Accountant General. Additional information can be found on the issuance results of the 62 + Malta Government Savings Bond – Issue 2020 published in the Treasury's website at www.treasury.gov.mt. Yield changed +1.6 bp during last week, -8.3 bp during last month, -20.1 bp during last year. Prices correct as at 3rd November 2020 and taken from the Malta Stock Exchange official trading log The allocation policy shall give preference to new eligible applicants who have not yet invested in the 62+ Malta Government Savings Bond. Please click here for a copy. Application Form A. As announced by the Minister for Finance and Financial Services on the 30th June 2020, the new fixed rate 62+ Malta Government Savings Bond – Issue 2020 shall open on Wednesday 15 th July 2020. of the Laws of Malta). Last Update: 28 Dec 2020 5:15 GMT+0. Fill in your details below and we’ll help you out! Investment in smaller companies can involve greater risk than is generally associated with investment in larger more established companies and can result in significant capital losses. Domestic sovereign yields continue to also be conditioned by peripheral moves, which over the past month narrowed, as interest rate expectations shifted to “lower for longer” following the Fed’s updated stance, resulting in a parallel shift of the sovereign yield curve. In view of the plans by the Treasury to offer retail investors the 62+ Malta Government Savings Bond again in 2020 as a result of the very low interest rate environment, retail investors who do not qualify for these ‘subsidised’ offerings or who do not find these securities sufficiently attractive to supplement their other sources of income in view of the current standard of living, must resort to other … Approved and issued by HSBC Global Asset Management (Malta) Ltd, Business Banking Centre, 80, Mill Street, Qormi QRM 3101, Company Reg No C20653 which is authorised to provide investment services by the Malta Financial Services Authority under the Investment Services Act. Join not to miss out on any new products and promotional offers made available to our subscribers. This bond shall include the following main features: rate of interest of 3% per annum fixed for five (5) years until the maturity of the bond in 2025; All individuals born during the year 1958 or before who shall be classified in two categories i.e. The Government Securities Office publishes daily bid, offer prices and yields for each outstanding bond issued by the Malta Government for a T+2 settlement basis, following the move taken by the MSE together with most European markets. Bond Funds. As announced by the Minister for Finance and Financial Services on the 30th June 2020, the new fixed rate 62+ Malta Government Savings Bond – Issue 2020 shall open on Wednesday 15th July 2020. The bond amount will be €60 million, however, the Minister said that if the demand is greater the issue will be raised … New eligible applicants in the 62+ Malta Government Savings Bond made up of (i) individuals born in the year 1958 and (ii) individuals who were eligible to apply in the past issuances of the 62+ Malta Government Savings Bond but did not apply, may download the application form from the Treasury Department’s website at www.treasury.gov.mt or obtain and lodge the application form at one of the authorised financial institutions and authorised investment service providers. As stipulated in the prospectus, interest on the amount allocated commenced accruing as from 21 st July 2020. As announced by the Minister for Finance and Financial Services on 30 th June 2020, the Accountant General is launching another issue of the 62+ Malta Government Savings Bond for the elderly born during the year 1958 or before. Jesmond Mizzi Financial Advisors deliver a personalised blend of wealth management services for private and institutional clients. The Bond shall be issued at par in units of €100 and cannot be negotiated, assigned, transferred onto any other individual or pledged. [WATCH] New government bonds for those 62 and over People born in 1956 can apply for government bonds with a minimum investment of €500 and a maximum of €8,000 29 May 2018, 4:33pm This page provides - Malta Retirement Age Men - actual values, historical data, forecast, chart, statistics, economic calendar and news. During February 2019, Central Government Debt stood at €5,440.4 million, an increase of €31.4 million.This was primarily the result of higher Treasury Bills (€198.3 million) and the 62+ Malta Government Savings Bond (€92.6 million). Additionally these instruments do not attract any annual fees. VLT 1105, Malta, Copyright © 2019 Jesmond Mizzi Financial Advisors Ltd. – all rights reserved | privacy policy | Terms of Use, 62+ Malta Government Savings Bond – Issue 2020, Copyright © 2019 Jesmond Mizzi Financial Advisors Ltd. – all rights reserved |, Recruitment Data Protection & Privacy Policy, every eligible individual can apply in his or her sole name for a. interest is paid semi-annually in arrears; the bond is not negotiable and cannot be transfered onto another individual; and. Category A and Category B as follows: Jesmond Mizzi Financial Advisors Limited is licensed to conduct investment services business under the Investment Services Act by the MFSA. 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Finance minister Edward Scicluna this morning announced that the government will be issuing a savings bond called ‘62+ Government Savings Bond’ for pensioners aged 62 and above. Il-Bond se jinħareġ b’parità f’unitajiet ta’ €100 u ma jistax jiġi nnegozjat, assenjat, trasferit lil … This bond shall include the following main features: The amount on issue shall be €60,000,000 and may be increased by an additional maximum amount of €35,000,000, in the event of oversubscription. Before, the Luxembourg Government did not have outstanding long-term debt securities with a residual maturity of close to ten years. Jesmond Mizzi Financial Advisors is a member of the Atlas Group. Malta Stock Exchange plc Issued By Authority of the Board Official List (cont.) Additional information can be found on the issuance results of the 62 + Malta Government Savings Bond – Issue 2020 published in the Treasury’s website at www.treasury.gov.mt. Interest is paid semi-annually in arrears on the 21st January and 21st July in every year during the term of the Bond. ( 3 ) A harmonised long-term interest rate is presented starting mid-May 2010. This has been prepared for information purposes only and does not constitute an investment advice. Please use block capitals throughout this form Retirement Age Men in Malta remained unchanged at 63 in 2020 from 63 in 2019. early repayment of principal is subject to a penalty equivalent to three months interest. is a public limited company regulated by the MFSA and is licensed to carry out the business of banking and investment services in terms of the Banking Act (Cap. Central Bank Rate is 0.00% (last modification in March 2016). The Malta 10 Years Government Bond has a 0.225% yield (last update 19 Dec 2020 11:16 GMT+0). July 7, 2020 | 0 1 min read The Accountant General is launching another issue of the 62+ Malta Government Savings Bond for those born in 1958 or before. Euro coins issued in … Individual Bonds. Past performance is not a guide to future performance and the value of the investment may go down as well as up. Average Long-term Government Bond for Malta from European Communities, EUROSTAT for the Eurostat - Long Term Government Bond Yield release. The Accountant General announces the issue of the 62+ Malta Government Savings Bond - Issue 2020. Bank of Valletta p.l.c. As announced by the Minister for Finance and Financial Services on 30th June 2020, the Accountant General is launching another issue of the 62+ Malta Government Savings Bond for the elderly born during the year 1958 or before. Retirement Age Men in Malta averaged 61.53 from 2004 until 2020, reaching an all time high of 63 in 2019 and a record low of 61 in 2005. To this effect they shall be receiving an information letter and an application form with their own details from the Accountant General. South Street, Valletta Mutual funds are an easy way to invest in fixed income. Applications from eligible investors for a minimum amount of €500 up to a maximum of €10,000 per person open on Wednesday 15th July at 8.30 a.m. and close the next day at 5.00 p.m on Thursday 16th July 2020, or earlier at the discretion of the Accountant General. Subscriptions in the Bond are to be made in the sole name of the applicant. 62+ Malta Government Savings Bond The Finance Minister, Professor Edward Scicluna has announced the fourth 62+ bond issue for elderly persons. It-62+ Savings Bond tal-Gvern ta’ Malta jgħaddi mgħax b’rata fissa ta’ 3% fis-sena għall-perjodu kollu ta’ ħames snin sakemm idum il-Bond, li jimmatura fis-sena 2024. The terms of the issue are very similar to the terms and conditions of the 62+ Malta Government Savings Bonds issued in the past three years. 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