6.6%Malta Government Stock 2014
Table of Provisions (7)
Statutory Text (7 Articles)
L.N. 167 of 2000
LOCAL LOANS
(REGISTERED STOCK AND SECURITIES) ORDINANCE
(CAP. 161)
Directive by the Minister of Finance
for the Issue of Lml0,500,000
6.6%Malta Government Stock 2014
IN exercise of the powers conferred by article 4(1)(a) of the Local
Loans (Registered Stock and Securities) Ordinance, Cap. 161, the
Minister of Finance has authorised that the sum of LmlO,500,000
6.6% Malta Government Stock be created and issued as follows:-
This Stock shall be issued as set out in the prospectus.
All persons and/or entities are eligible to apply for this Stock.
Allotment will be applied as set out in the prospectus.
An application for the Stock to be placed on the official list
Exchange, Cap. 345. and for trading on the Malta Stock Exchange will be made in terms of
the Malta Stock Exchange Act, when the Stock has been allotted.
Sum of money to be
The sum of money to be raised by the Stock shall be
Lm 10,500,000.
Interest at the rate of Lm3.30,0 for every LmlOO Stock will be
payable half-yearly in arrear on the 30th day of March and on the 30th
day of September in every year for the duration of the Stock. The first
payment covering the period from the 1st day of October, 2000 to the
30th day of March, 2001 shall be made on the 30th day of March, 2001.
The Stock shall be redeemed at par on such date between the
1st January, 2014 and the 31st December, 2014 (both days inclusive) as
shall be determined by the Accountant General and notified in the
Government Gazette.