MeDirect Bank (Malta) plc is currently accepting applications for the new Malta Government Stocks (“MGS”) for a total aggregate amount of €350,000,000 subject to an over-allotment option of €100,000,000 in the event of over-subscription.

Applications will close on Wednesday, the 19^th of November 2025 at noon, or earlier at the discretion of the Accountant General.

The new fixed rate bonds are:

MT0000014143  –  2.55% Malta Government Stock 2030 (V)

• Interest is payable semi-annually in arrears on the 6^th of February and 6^th of August every year for the duration of the Stock save for the first interest payment
• The first pro rata interest payment covering period from the 24^th of November 2025 to the 5^th of February 2026 (both dates inclusive) will be made on the 6^th of February 2026.
• The bond will be offered at €100.00 with a YTM of 2.5495% which corresponds to an annualised rate of 2.5658% and will mature on the 6^th February 2030.

MT0000014176  –  3.40% Malta Government Stock 2035 (IV)

• Interest payable semi-annually in arrears on the 16^th of January and the 16^th of July every year for the duration of the Stock save for the first interest payment.
• The first pro rata interest payment covering period from the 24^th of November 2025 to the 15^th of January 2026 (both dates inclusive) will be made on the 16^th of January 2026.
• The bond will be offered at €100.00 with a YTM of 3.3996% which corresponds to an annualised rate of 3.4285% and will mature on the 16^th of July 2035.

MT0000014192 – 3.80% Malta Government Stock 2040 (II)

• Interest payable semi-annually in arrears on the 16^th of April and the 16^th of October every year for the duration of the Stock save for the first interest payment.
• The first pro rata interest payment covering period from the 24^th of November 2025 to the 15^th of October 2026 (both dates inclusive) will be made on the 16^th of April 2025.
• The bond will be offered at €100.00 with a YTM of 3.7997% which corresponds to an annualised rate of 3.8358% and will mature on the 16^th of October 2040.

The general public has the possibility of applying for these bonds in multiples of €100 and up to a maximum of €499,900 (nominal) per person.

Prospective investors are requested to read the Press Release issued by the Ministry of Finance together with the Prospectus and the relevant Amendment, which can be accessed via https://treasury.gov.mt/en/services/new-issuance-of-malta-government-stock-november-2025/.

If you are interested in applying, please send us a Secure Mail or contact your existing Relationship Manager. For further information, please call us on (+356) 2557 4400 or send an email to customerservice@medirect.com.mt.

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The information set forth in this article is only for informative purposes and should not be construed as an offer to sell or solicitation of an offer to subscribe for or purchase any investment. The information provided is subject to change without notice and does not constitute investment advice or any guarantee of returns. Please consider the terms and conditions governing the relevant investment prior to making any investment decision. Investors should note that at worst they may lose all of their invested principal in the event of default, insolvency and/or bankruptcy of the relevant issue.

The financial instruments discussed are intended for retail clients, however, may not be suitable for all investors and investors must make their own informed decisions and seek their own advice regarding the appropriateness of investing in financial instruments or implementing strategies discussed herein.

MeDirect Bank (Malta) plc has based this document on information obtained from sources it believes to be reliable but which have not been independently verified. MeDirect Bank (Malta) plc does not therefore provide any guarantees, representations or warranties. The value of any investment or income may go up as well as down and past performance is no guarantee of any future performance. When an investment is denominated in a currency other than your local or reporting currency, changes in exchange rates may have an adverse effect on your investment.

MeDirect Bank (Malta) plc, company registration number C34125, is licensed by the Malta Financial Services Authority under the Banking Act (Cap. 371) and the Investment Services Act (Cap. 370). This material shall not be reproduced in any way, whether in whole or in part. Any unauthorised disclosure, use or dissemination, either in whole or in part, of the material contained within is strictly prohibited.