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 regular income from coupon payments.
Distributed monthly*Income from coupon payments
10+ MSE-listed bondsAcross sectors, issuers & maturities
Approx. 5%–6% per annum**Indicative gross yield to maturity
* Coupon income varies from month to month. Depending on the portfolio’s holdings, some months may have no coupon payments.
** Capital at risk. Yield not guaranteed. Indicative gross yield to maturity as at 20 August 2026, before fees and applicable withholding tax, which reduce returns. Yield to maturity (YTM) is the estimated annual return on a bond based on its current market price, assuming it is held to maturity, and interest payments are reinvested at the same yield.
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.
Professional Financial Service
Curmi & Partners provides personal service with expert investment knowledge. Investing in Malta since 1978.
Dedicated client managerInvestment & research expertiseClear reporting
Local bond expertise across issuers, new bond issues and secondary-market opportunities in MSE listed bonds.
About Curmi & Partners →How it works
Three steps, with a person to call.
Step 01
Review your goals
We discuss your financial needs and objectives, current portfolio and cash available to invest.
Step 02
Assess suitability
We verify that the strategy aligns with your investment objective, risk tolerance and timeframe.
Step 03
Build your portfolio
Once agreed, we select and actively manage 10+ MSE listed bonds over time within the agreed parameters.
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
- Minimum €2,000
Questions
Before you decide.
Is income paid every month?
Coupon income is distributed monthly. Coupon income varies from month to month. Depending on the portfolio’s holdings, some months may have no coupon payments.
Is the 5%–6% indicative yield guaranteed?
No. Approx. 5%–6% per annum is an indicative gross yield to maturity as at 20 August 2026, before fees and applicable withholding tax, which reduce returns. Yield is not guaranteed. Yield to maturity (YTM) is the estimated annual return on a bond based on its current market price, assuming it is held to maturity, and interest payments are reinvested at the same yield. Indicative yields are not guaranteed and change with 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 is at risk. The portfolio is subject to liquidity, interest-rate and issuer default risks. The value of investments and the income from them may fall as well as rise, and you may get back less than you invested. Indicative yields are not guaranteed and change with market conditions. Income distributions may vary. Fees and charges apply and will 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
Set an appointment to review whether the Local Bonds Strategy could suit you.
A personal portfolio review, at no cost and with no obligation. Speak directly with our team. We will review your objectives, existing investments and cash available, explain the strategy and assess whether it may be suitable for you.
+356 23426156Monday to Friday, 9:00–17:00clientmanagement@curmiandpartners.comFinance House, Princess Elizabeth Street, Ta’ Xbiex, Maltawww.curmiandpartners.com ↗