Tag: Government revenue
-
Malta offers up to €500 million in government stocks as 20-year borrowing rate reaches 4.25%
The Maltese government is offering an initial €300 million in long-dated bonds with unusually high rates reflecting the rising interest-rate environment and tighter liquidity conditions in the Eurozone. The government may issue another €200 million if the initial offering is oversubscribed. The bonds issued are dated to 2036 and 2046 with 3.8% and 4.25% yields…