Image Source : The Malta Chamber
Bank of Valletta (BOV) has rung the bell at the Malta Stock Exchange, marking a significant milestone in the bank’s history. The occasion celebrated the listing of €100 million 5% Unsecured Subordinated Bonds 2029-2034, a major achievement for the bank. This listing demonstrates BOV’s commitment to diversifying its funding sources and strengthening its capital base.
The bond issue was met with strong demand from investors, both institutional and retail, reflecting confidence in BOV’s financial stability and growth prospects. The bonds, which mature in 2029 and 2034, carry a fixed annual coupon rate of 5%. The listing on the Malta Stock Exchange provides investors with a regulated and transparent market for buying and selling the bonds.
The successful listing of the bonds is a testament to BOV’s reputation as a leading financial institution in Malta. The bank’s strong brand, solid financial performance, and commitment to good governance have all contributed to its ability to attract investors and access the capital markets. As BOV continues to grow and expand its operations, the listing of these bonds marks an important step in the bank’s strategic development.
