MATTHEW
VELLA
mvella@mediatoday.com.mt
8
maltatoday | SUNDAY • 21 JULY 2024
NEWS
MALTA GOVERNMENT STOCK FOR SAFE INVESTMENT AND LIQUIDITY WITH
INTEREST PAID UP TO THE DAY OF RE-SALE OF STOCK
◆ SECURITY ◆ CONTINUOUS LIQUIDITY ◆ INTEREST EVERY SIX MONTHS ◆
(The value of the investment may go up or down during the tenor of the Stock.)
Treasury Department, Development House, Level 2-3, St. Anne Street – Floriana, Malta
Tel: 2596 7125
Secure Investment
Issue of €270,000,000
in Fixed Rate Malta Government Stocks
MALTA GOVERNMENT STOCKS
^dKͲ'sZE
________
The price for each Stock in (i) and (ii) above, offered for subscription by members of the public shall
be established on Thursday the 25
th
of July 2024, based indicatively on the prevailing secondary
market prices, and shall be announced through a Press Release issued by the Department of
Information (DOI).
(i) 3.40% Malta Government Stock (VI) Fungibility Issue (F.I) maturing in 2027 and
(ii) 3.50% Malta Government Stock (III) maturing in 2034.
Fixed Rate Malta Government Stocks
Applications from members of the public for an amount up to a maximum of €499,900 per person in
any one or in each of the two stocks on offer open on Monday the 29
th
of July 2024 at 8.30 a.m. and
close at 2.30 p.m. on Wednesday the 31
st
of July 2024.
Applications from wholesale investors in the form of sealed bids (auction) open at 8.30 a.m. on
Friday the 2
nd
of August 2024 and close on the same day at noon (CET), or earlier at the discretion
of the Accountant General.
The application forms may be obtained from, and lodged at, all Members of the Malta Stock Exchange
and other authorized Investment Service Providers on the indicated dates. Application forms may also
be downloaded from the Treasury's website at www.treasury.gov.mt with effect from Friday the 26
th
of July 2024. Bids on the prescribed forms are to be transmitted by e-mail at the e-mail addresses
indicated on the application forms.
The Accountant General announces the issue of €270,000,000 Malta Government Stock in either or
each of the following two stocks:
The sum of money to be raised may be increased further up by a maximum of €130,000,000 in the event of
oversubscription.
THE Gozo Regional Development Authority
will study the feasibility of a long-term conces-
sion lease for a multi-storey car park on a 3,000
square-metre site at Pjazza l-Assedju ta' Għaw-
dex, in Victoria, Gozo.
The site is currently serving as a parking area
but is proposed to be transformed into a mul-
ti-level car park with some commercial space,
complemented with an open green space on top.
The GRDA wants to fully develop the site as a
PPP, which will be financed by private capital,
through a concession tender.
Gozo, and in particular the locality of Victoria,
has experienced a significant increase in eco-
nomic activity leading to more urbanisation and
population growth, bringing about increased
traffic congestion and insufficient parking spac-
es. Consequently, this has led to a growing de-
mand for both parking spaces and green parks.
A preliminary market consultation issued by
the GRDA now seeks to address the lack of park-
ing spaces and open spaces in Victoria by trans-
forming the existing car park into an open green
space with at least 340 designated underground
parking spaces and some commercial space.
The GRDA provides a regulatory and consulta-
tive role to develop and streamline regional pol-
icies for Gozo and overseeing their implementa-
tion.
It is now in the process of obtaining an outline
development permit for the designated use and
the development boundaries of the proposed
project, which will comprise 340 parking spaces,
around 2,150 sq.m of commercial space, and an
open green space of around 2,100 sq.m.
Gozo authority to
seek planning permit
for Victoria multi-
storey car park
The GRDA wants to fully develop the site as a PPP,
which will be financed by private capital, through a
concession tender
The proposal is for a multi-level
car park with some commercial
space, complemented with an
open green space on top
