7.2% Malta Government Stock 2008 (ln_1998_160) | MT

Malta Government Gazette — Legal Notice 1998 160 — 7.2% Malta Government Stock 2008

Preamble — 7.2% Malta Government Stock 2008 Open official source

L.N.l60 of 1998

weAL LOAN ACT, 1998

(ACT NO. xm OF 1998)

LOCAL LOANS

(REGISTERED STOCK AND SECURITIES) ORDINANCE

(CAP. 161)

Directive by the Minister of Finance and Commerce.

for the Issue of Lml0,OOO,OOO

7.2% Malta Government Stock 2008

(SECOND ISSUE)

IN exercise of the powers conferred by the Local Loan Act, 1998

and by sections 4(1)(a), 31(a)(b), and 32 of the Local Loans (Registered

Stock and Securities) Ordinance, Cap. 161, the Minister of Finance

and Commerce has authorised that the sum of Lm 10,000 ,000 7.2%

Malta Government Stock be created and issued as follows:-

Malta Government Gazette — Legal Notice 1998 160 — 7.2% Malta Government Stock 2008

Reg. 1 — 7.2% Malta Government Stock 2008 Open official source

The Stock shall be issued at the price of Lm lOOper cent and Mode of iSlluing

shall be allotted by application in multiples of Lm 100. Applications Stock:.

for the allotment of Stock shall open on Wednesday. 1st July, 1998 at

Gazzetta tal-Gvern ta' Malta — Avviż Legali 1998 160 — 7.2% Stock tal-Gvern ta' Malta 2008

Reg. 2 — 7.2% Stock tal-Gvern ta' Malta 2008 Open official source

KUll persuna u/jew enti jistghu japplikaw ghal dan l-iStock. Po/icy dwar

L-ghoti ta' l-iStock jinghata IiI min japplika l-ewwel, iZda tinghata l-ghoD ta' l·iSlock.

preferenza lill-applikanti Ii m'humiex istituzzjonijiet bankarji,

Gazzetta tal-Gvern ta' Malta — Avviż Legali 1998 160 — 7.2% Stock tal-Gvern ta' Malta 2008

Reg. 3 — 7.2% Stock tal-Gvern ta' Malta 2008 Open official source

Issir applikazzjoni sabiex l-iStock jitqieghed fug il-lista Negozjufil-Bori.a

ufficjali u jsir negozjar tieghu fil-Boria ta' Malta skond id- ~~~~~

dispoiizzjonijiet 1.1' I-At! dwar il-BorZa ta' Malta meta dan l-iStock

jigi allokat.

Is-somma ta' flus Ii ghandha tingabar bl-iStock tkun ta' Somma ta' nus Ii

Gazzetta tal-Gvern ta' Malta — Avviż Legali 1998 160 — 7.2% Stock tal-Gvern ta' Malta 2008

Reg. 4 — 7.2% Stock tal-Gvern ta' Malta 2008 Open official source

ghandha tingabll1.

L m 10 , 000 , 000 .

Gazzetta tal-Gvern ta' Malta — Avviż Legali 1998 160 — 7.2% Stock tal-Gvern ta' Malta 2008

Reg. 5 — 7.2% Stock tal-Gvern ta' Malta 2008 Open official source

Mid-data ta' l-gheluq, wiehed minn kull tlieta mit-total tal- Ratata'

bilanCi Ii jkunu jinsabu fil-kreditu tal-Fondi tal-Ammortizzament ta' ~~~~~~~~:.i

dawk l-iStocles iddikjarati Ii ser jigu mifdija fl-avviii tat-Teior kif Ammortizz.ament

ippublikati fil-Gazzetta tal-Gvern tat-12 ta' Gunju, 1998 jigu trasferiti

ghall-Fond tat Ammortizzament 7.2% Stock tal-Gvern ta' Malta 2008

(II) sabiex jinfeda l-iStock. Barra minn dan, approprjazzjoni kull sin

xhur ta' mhux anqas minn LmlOO,OOO mid-Dhul Generali u mill-Attiv

tal-Gvem ta' Malta ghandha ssir bhala kontribuzzjoni fl-istess Fond ta'

Ammortizzament. L-ewwel kontribuzzjoni ghandha ssir matull-ewwel

sirt xhur tag-sena 1999.

Gazzetta tal-Gvern ta' Malta — Avviż Legali 1998 160 — 7.2% Stock tal-Gvern ta' Malta 2008

Reg. 6 Rata ta' mgbax u dati tal-hlas. — 7.2% Stock tal-Gvern ta' Malta 2008 Open official source

L-imghax bir-rata ta' Lm3.60 ghal kull LmlOO Stock ghandu

jithallas b'lura kull sin xhue fit-28 ta' Frar.u fit-28 ta' Awissu ta' kull

sena matul il-kors tat l-iStock. L-ewwel hlas pro rata relattiv ghall-

perj odu mis-16 ta' Lulju. 1998 sat-28 ta' Frar, 1999 ghandu jsir fit- 28

ta' Frar, 1999.

Gazzetta tal-Gvern ta' Malta — Avviż Legali 1998 160 — 7.2% Stock tal-Gvern ta' Malta 2008

Reg. 7 Fidwa ca' Stoclc.. — 7.2% Stock tal-Gvern ta' Malta 2008 Open official source

L-iStockjinfeda b'paritA fit-28 ta' Awissu, 2008.

Malta Government Gazette — Legal Notice 1998 160 — 7.2% Malta Government Stock 2008

Reg. 8 — 7.2% Malta Government Stock 2008 Open official source

30 a.m. and shall close at 12.00 noon on Wednesday, 15th July,

1998 or earlier at the discretion of the Accountant General.

2. All persons and/or entities are eligible to apply. Allotment Allotment Policy.

will be on a ftrst-applied first-accepted basis with preference being

given to non-banking applicants.

3. An application for the Stock to be put on the official list and Trading on the Malta

trading on the Malta Stock Exchange will be made in terms of the ~.k~change,

Malta Stock Exchange Act, when the Stock has been allotted.

4. The sum of money to be raised by the Stock shall be Sum of moRey to be

raised .

Lm 10 ,000,000.

5. On closing date, one part out of every three of the total Rate of contribution

balance standing to the credit of the Sinking Funds of the three Stocks to Sinking Fund.

being redeemed as per Treasury Notices published in the Government

Gazette of 12th June, 1998 will be transferred to the Sinking Fund

7.2% Malta Government Stock 2008 (ll) established for the purpose

of redeeming the Stock. A further half-yearly appropriation of not less

than LmlOO,OOO out of the General Revenue and Assets of the

Government of Malta shall be made as a contribution to this same

Sinking Fund. The first contribution shall be made during the first six

months of the year 1999.

6. Interest at the rate of Lm3.6O for every Lmloo Stock shall be

payable in arrear half-yearly on the 28th February and the 28th of August

of every year during the currency of the Stock. The fIrst pro-rata payment

covering the period from the 16th July. 1998 to the 28th February, 1999

shall be made on the 28th day of February. 1999.

The Stock shall be redeemed at par on the 28th August. 2008.

7.

7.2% Malta Government Stock 2008

Table of Provisions (9)

Statutory Text (9 Articles)

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