5. Interest is paid semi-annually in arrears on the 21st January and 21st July in every year during the term of the Bond. All individuals born during the year 1958 or before who shall be classified in two categories i.e. Past performance is not a guide to future performance and the value of the investment may go down as well as up. 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. October 2020. The existing holders of the 62+ Malta Government Savings Bond who are interested to apply for this new 62+ Savings Bond may lodge their application form at one of the authorised financial institutions or authorised investment service providers. 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; Please use block capitals throughout this form Refunds Join not to miss out on any new products and promotional offers made available to our subscribers. This shall not be regarded as an invitation to buy or sell any investment. Subscriptions in the Bond are to be made in the sole name of the applicant. Prices correct as at 3rd November 2020 and taken from the Malta Stock Exchange official trading log 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. 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. This page provides - Malta Retirement Age Men - actual values, historical data, forecast, chart, statistics, economic calendar and news. Mutual funds are an easy way to invest in fixed income. The Bond earns interest at a fixed rate of 3% per annum for the whole five-year term of the Bond maturing in the year 2025. Securities admitted to the Prospects MTF are issued by small and medium sized enterprises (SMEs). maturing in 202. The amount on issue shall be €60,000,000, subject to an over-allotment option of an additional amount up to a maximum of €35,000,000. Jesmond Mizzi Financial Advisors deliver a personalised blend of wealth management services for private and institutional clients. Applications for eligible individuals born in the year 1958 or before open on Wednesday 15th July 2020. ( 3 ) A harmonised long-term interest rate is presented starting mid-May 2010. 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. 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. 67, Level 3, Il-Bond se jinħareġ b’parità f’unitajiet ta’ €100 u ma jistax jiġi nnegozjat, assenjat, trasferit lil … This has been prepared for information purposes only and does not constitute an investment advice. Additionally these instruments do not attract any annual fees. 3% - Five-Year term . [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 Up to €95 million in government bonds will be made available for those over 62 years of age as of two weeks’ time, Finance Minister Edward Scicluna announced on Tuesday. Malta Stock Exchange plc Issued By Authority of the Board Official List (cont.) Fill in your details below and we’ll help you out! The Malta 10Y Government Bond has a 0.215% yield. 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. 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. 08/07/2020 62+ Government Savings Bonds - Issue 2020 The Minister of Finance, Professor Edward Scicluna announced the fourth 62+ bond issue for elderly persons. Data is now available. 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. End o f June €135.1 0 From the 15th till the 23rd December €135.10 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. Yield changed +1.6 bp during last week, -8.3 bp during last month, -20.1 bp during last year. The Bond shall be issued at par in units of €100 and cannot be negotiated, assigned, transferred onto any other individual or pledged. The bond amount will be €60 million, however, the Minister said that if the demand is greater the issue will be raised … To this effect they shall be receiving an information letter and an application form with their own details from the Accountant General. Individual Bonds. 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 … ( 2 ) Estonia issued a 10-year government bond in June 2020. 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. The amount on issue is €60 million subject to an over-allotment option of an additional amount up to a maximum of €35 million. Please click here for a copy. 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. 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. 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. Unlike many neighboring EU countries, Malta has an excellent credit rating (BBB+) and their Government Bonds are in high demand amongst both professional and retail bond investors. Average Long-term Government Bond for Malta from European Communities, EUROSTAT for the Eurostat - Long Term Government Bond Yield release. Individuals who participated in any previous issuance of the 62+ Malta Government Savings Bond are also eligible to apply. R. 62+ MALTA GOVERNMENT SAVINGS BOND – Issue 2020. 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 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. APPLICATION FORM. This page provides forecast and historical data, charts, statistics, news and updates for Malta Average Long-term Government Bond. The maturity of these bonds (on date of issue) ranges from 5 to 25 years. Updated on 28/12/2020 Filter by Symbol Filter by Maturity All Maturities Short Term (up to 5 years) Only Medium Term (5 - 10 years) Only Long Term (over 10 years) Only The issue of the 62+ Malta Government Savings Bond of this year shall be open to all individuals born in the year 1958 or before. 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