01
Regular Income*
Receive coupon income across the year as bonds in the portfolio pay their coupons.*
Local Bonds Strategy
Regular income.* More diversification.
Curmi & Partners’ Local Bonds Strategy is a professionally managed portfolio of bonds listed on the Malta Stock Exchange. It is designed to diversify your savings across 10 or more bonds over time and provide income from coupon payments.
Distributed monthly*Income from coupon payments
10+ MSE-listed bondsAcross sectors, issuers & maturities
Approx. 5%–6% p.a.**Indicative gross yield
* Coupon income varies from month to month. Depending on the portfolio’s holdings, some months may have no coupon payments.
** The indicative gross yield is calculated as at 20th August 2026. Indicative yields are not guaranteed and change with market conditions. Fees and charges apply and reduce returns.
Why this strategy
Keep the appeal of local bonds. Improve how you hold them.
02
Diversified Portfolio
Spread your capital across different sectors, issuers and maturities to reduce single-bond risk.
03
Professional Research
Our Research Team continuously monitors credit risk, interest-rate developments and market opportunities as part of the ongoing management of the portfolio.
* Coupon income varies from month to month. Depending on the portfolio’s holdings, some months may have no coupon payments.
Professionally managed. Personal expertise.
Curmi & Partners provides personal service with investment expertise. Investing in Malta since 1978.
Dedicated Client ManagerInvestment & research expertiseClear quarterly reportingDigital portfolio visibility through Curmi Digital Wealth (CDW)
Local bond expertise across issuers, new issues, secondary-market opportunities, coupon payments and maturities.
About Curmi & Partners →How it works
Three steps, with a person to call.
Step 01
Review your goals
We discuss your income needs, investment horizon and how local bonds fit within your wider circumstances.
Step 02
Assess suitability
Before anything is invested, we carry out a suitability assessment to confirm the strategy is appropriate for you.
Step 03
Build your portfolio
We build a portfolio of 10 or more MSE-listed bonds over time within agreed parameters, then manage it on your behalf.
Already own local bonds?
We start with what you already hold.
Your existing investments are reviewed as part of the portfolio review, and we discuss what may — or may not — be appropriate to move.
Request a free portfolio review →Practical details
Starting from €50,000.
- Minimum investment
- €50,000
- Top-ups
- From €2,000
Questions
Before you decide.
Is income paid every month?
Coupon income is distributed monthly. Bonds pay coupons at different times of the year, so amounts vary from month to month and, depending on the portfolio’s holdings, some months may have no coupon payments. No fixed monthly payment is guaranteed.
Is the 5%–6% indicative yield guaranteed?
No. Approximately 5%–6% per annum is an indicative gross yield, quoted before fees, and it is calculated as at 20th August 2026. It is not a forecast or a guarantee and changes with portfolio composition and market conditions.
What fees apply?
Management, administration and dealing fees apply. No entry fees apply and no exit fee applies if the portfolio is liquidated. The first 12 months’ Administration Fee is waived for new client accounts only, and this limited offer expires on 31 December 2026. Full fees and terms are set out in the brochure.
Can I see the bonds held in my portfolio?
Yes. The portfolio is held in a C&P Nominee account. You can see the actual bonds held through Curmi Digital Wealth and receive quarterly reporting.
What if I already own local bonds?
We review your existing holdings as part of the portfolio review and discuss what may or may not be appropriate to move, as part of the suitability assessment.
What are the key risks?
Capital and income are at risk and you may get back less than you invested. Bond values move with interest rates and issuer credit quality, and an issuer may fail to pay. Income distributions may vary, and fees and charges reduce returns.
How do I know whether the strategy is suitable for me?
Suitability is subject to assessment. In a personal portfolio review we look at your objectives, existing investments and the cash you have available, explain the strategy and assess whether it may be suitable for you.
Local Bonds Strategy
Discover whether the Local Bonds Strategy could suit you.
A personal portfolio review, at no cost and with no obligation. We look at your objectives, your existing investments and the cash you have available, explain the strategy and assess whether it may be suitable.
+356 23426148Monday–Friday, 9:00–17:00clientmanagement@curmiandpartners.comFinance House, Princess Elizabeth Street, Ta’ Xbiex, Maltacurmiandpartners.com/local-bonds ↗