Government target €550 million worth of stocks
Jan 21st, 2010 | By maltainc | Category: Economics, Financial Services, Malta Stock Market, Services to facilitate businessThe government is expected to sell €550 million worth of stocks this year, the treasury announced on Wednesday.
The money raised will be used to redeem 4 Malta Government Stock (MGS), totalling €191 million which are due to mature in February, June and July.
The remaining money will be used to finance the government borrowing requirement and effecting [...]