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MALTATODAY 27 SEPTEMBER 2026

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8 maltatoday | SUNDAY • 27 SEPTEMBER 2026 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 €300,000,000 in Fixed Rate Malta Government Stocks MALTA GOVERNMENT STOCKS STOCK TAL-GVERN ________ The price for each Stock in (i) and (ii) above, offered for subscription by members of the public shall be established on Thursday, 1 October 2026, based indicatively on the prevailing secondary market prices, and shall be announced through a Press Release issued by the Department of Information (DOI). (i) 4.30% Malta Government Stock maturing in 2037 (Second Issue) and (ii) 4.50% Malta Government Stock maturing in 2041 (Third Issue) 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 any combination of the two stocks on offer open on Monday, 5 October 2026 at 8.30 a.m. and close at 2.30 p.m. on Wednesday, 7 October 2026. Applications from wholesale investors in the form of sealed bids (auction) open at 8.30 a.m. on Friday, 9 October 2026 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 https://treasury.gov.mt/en/services/ from Friday, 2 October 2026. The Accountant General announces the issue of €300,000,000 Malta Government Stock in any one or in any combination of the following two stocks: The sum of money to be raised may be increased further up by a maximum of €200,000,000 in the event of oversubscription. CONTINUES FROM PAGE 1 The first tell-tale sign of the tense exchange Caruana had with the social partners on 11 September came in the form of a missing Facebook reel. The MCESD regularly posts short videos on its Facebook page, giving a snapshot of what was discussed after every meeting. The reels with com- ments from individual stake- holders generally paint a se- rene picture of the discussions between the social partners, ministers and experts. But trawling through the MCESD's Facebook reveals one missing reel. No video was posted in the aftermath of the meeting held on 11 September during which Caruana sound- ed the alarm on rising public expenditure. "There was no serene picture to depict after that meeting and so no reel was posted," a member of the MCESD point- ed out. The absence of the reel on the MCESD page is a minor detail but symptomatic of the problem-free picture the gov- ernment has so far been paint- ing about the economy and public finances. During the 11 September meeting, the MCESD present- ed the finance minister a doc- ument with budget proposals over which all social partners agreed upon. The unions and employer bodies individually then pre- sented their own proposals to the prime minister during meetings at Castille. It was after meeting Rob- Pre-budget document will When contacted, Caruana described his presentation to the MCESD as "a frank assessment" of the current situation and how things were expected to develop in the next couple of months.

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