Central Bank of Malta

On November 24, the ECB conducted a six-day US dollar funding operation through collateralised lending in conjunction with the US Federal Reserve. This attracted bids of $0.06 billion, which was allotted in full at a fixed rate of 1.19 per cent. In the domestic primary market for Treasury Bills, the Treasury invited tenders for 28-day bills maturing on December 24, and for 91-day bills maturing on February 25, 2011. Bids of €31.3 million were submitted for the 28-day bills, with the Treasury accepting €5 million, while bids of €87.1 million were submitted for the 91-day bills, with the Treasury accepting €5 million. Since €28.95 million worth of bills matured during the week, the outstanding balance of Treasury Bills decreased by €18.95 million, to stand at €415.48 million. Treasury Bill trading on the Malta Stock Exchange amounted to €0.6 million during the week, with all trades being conducted by the Central Bank of Malta in its role as market maker. Today the Treasury will invite tenders for 91-day bills maturing on March 4, 2011 and 182-day bills maturing on June 3, 2011.Agerpres, Mediafax, Romanian Vancouver Sun,Global News, Financial Times,Le Monde,Tribune, ,Wall Street Journal,The Washington Times,Athens News,The New York Times,USA Today