7.8% Malta Government Stock 2018 (ln_1998_161) | MT

Malta Government Gazette — Legal Notice 1998 161 — 7.8% Malta Government Stock 2018

Preamble — 7.8% Malta Government Stock 2018 Open official source

L.N.161 of 1998

LOCAL LOAN ACT t 1998

xm

(ACT NO.

OF 1998)

LOCAL LOANS

(REGISTERED STOCK AND SECURITIES) ORDINANCE

(CAP. 161)

Directive by the Minister of Finance and Commerce

for the Issue of LmlO,OOO,OOO

7.8% Malta Government Stock 2018

(FlRST 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 7.8%

Malta Government Stock be created and issued as follows:-

Malta Government Gazette — Legal Notice 1998 161 — 7.8% Malta Government Stock 2018

Reg. 1 — 7.8% Malta Government Stock 2018 Open official source

The Stock shall be issued at the price ofLmlOO per cent and Mode of issuing

shall be allotted by application in multiples of LmlOO. Applications Slock.

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

Gazzetta tal-Gvern ta' Malta — Avviż Legali 1998 161 — 7.8% Stock tal-Gvem ta' Malta 2018

Reg. 2 — 7.8% Stock tal-Gvem ta' Malta 2018 Open official source

Kull persuna uJjew entijistghujapplikaw ghal dan I-iStock. PouCJ.dw:ar.

L-ghoti ta' l-iStock jinghata Iii min japplika I-ewwel, iida tinghata l-glIotl ta l-iSroclc.

preferenza lill-applikanti Ii m 'humiex istituzzjonijiet bankarji.

Gazzetta tal-Gvern ta' Malta — Avviż Legali 1998 161 — 7.8% Stock tal-Gvem ta' Malta 2018

Reg. 3 — 7.8% Stock tal-Gvem ta' Malta 2018 Open official source

Issir applikazzjoni sabiex l-iStock jitqieghed fuq il-lista Negozju fll-BorZa

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

dispoiizzjonijiet ta' I-At! dwar iI-Boria ta' Malta meta dan l-iStock p

jigi allokat.

Gazzetta tal-Gvern ta' Malta — Avviż Legali 1998 161 — 7.8% Stock tal-Gvem ta' Malta 2018

Reg. 4 — 7.8% Stock tal-Gvem ta' Malta 2018 Open official source

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

gIIandna tingabar.

L m 10 , 000 , 000 .

Gazzetta tal-Gvern ta' Malta — Avviż Legali 1998 161 — 7.8% Stock tal-Gvem ta' Malta 2018

Reg. 5 — 7.8% Stock tal-Gvem ta' Malta 2018 Open official source

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

bilanci Ii jkunu jinsabu fil-kreditu tal-Fonm tal-Ammortizzament ta' =~~~~

dawk it-tliet Stocks iddikjarati Ii ser jigu rnifdija fl-avviii tat-Teio! kif Ammortizzamcnt.

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

ghall-Fond ta' Ammortizzament 7.8% Stock tal-Gvern ta' Malta 2018

(I) sabiex jinfeda l-iStock. Barra minn dan, approprjazzjoni kull silt

xhurta' mhux anqas minn Lm 100 ,000 mid-Dhul Generali u mill-Attiv

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

Ammortizzament. L~wwel kontribuzzjoni ghandha ssir matull-ewwel

sitt xhur tas-sena 1999.

Gazzetta tal-Gvern ta' Malta — Avviż Legali 1998 161 — 7.8% Stock tal-Gvem ta' Malta 2018

Reg. 6 Rata ta' mghax u dati tal- h1lIS. — 7.8% Stock tal-Gvem ta' Malta 2018 Open official source

L-imghax. bir-rata ta' Lm3.90 ghal kull Lml00 Stock ghandu

jithallas b'!Urd kull sitt xhur til-IS ta' Jannar u fil-15 ta' Lulju ta' kull

sena matul il-kors ta' l-iStock. L-ewwel hlas relattiv ghall-perjodu mis-

16 ta' Lulju, 1998 sal-I5 la' Jannar,1999 ghandu jsir til-I5 la' Jannar,

1999.

Gazzetta tal-Gvern ta' Malta — Avviż Legali 1998 161 — 7.8% Stock tal-Gvem ta' Malta 2018

Reg. 7 Fidwa ta' Stocle. — 7.8% Stock tal-Gvem ta' Malta 2018 Open official source

L-iStockjinfeda b'paritA fit-IS la' Lulju, 2018.

Malta Government Gazette — Legal Notice 1998 161 — 7.8% Malta Government Stock 2018

Reg. 8 — 7.8% Malta Government Stock 2018 Open official source

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

I

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 first-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 tenns of the ~~~~Iulnge,

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 money to be

I'lliscd .

Lm 10,000 ,000.

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

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

7.8% Malta Government Stock 2018 (1) 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 Lm3.90 for every Lm100 Stock shall be

payable in arrear half-yearly on the 15th January and the 15th of July of

every year during the currency of the Stock. The fIrst payment covering

the period from the 16th July, 1998 to the 15th January, 1999 shall be

made on the 15th day of January, 1999.

7. The Stock shall be redeemed at par on the 15th July, 2018.

7.8% Malta Government Stock 2018

Table of Provisions (9)

Statutory Text (9 Articles)

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