5.75% Malta Government Stock 2010
Statutory Text (3 Articles)
L.N. 86 of 2000
LOCAL LOANS
(REGISTERED STOCK AND SECURITIES) ORDINANCE
(CAP. 161)
Directive by the Minister of Finance
for the Issue of LmI8,500,000
75% Malta Government Stock 2010
(Second Issue)
IN exercise ofthe powers conferred by section 4(l)(a) ofthe Local
Loans (Registered Stock and Securities) Ordinance, Cap. 161, the
Minister of Finance has authorised that the sum ofLm18,500,OOO 5.75%
Malta Government Stock be created and issued as follows:-
1. This Stock shall be issued as set out in the prospectus.
2. All persons and/or entities are eligible to apply for this Stock.
Allotment will be applied as set out in the prospectus.
3. An application for the Stock to be placed on the official list
and for trading on the Malta Stock Exchange will be made in tenns of
the 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
Lm 18 ,500,000.
5. Interest at the rate of Lm2.87,5 for every LmlOO Stock will
be payable half-yearly in arrear on the 10th day of June and on the 10th
day of December in every year for the duration of the Stock. The first
payment covering the period from the 11th day of June, 2000 to the
10th day of December, 2000 shall be made on the 10th day of December,
2000.
The Stock shall be redeemed at par on the 10th June, 2010.