5.5% Malta Government Stock 2023

L.N. 142 of 2003

BUDGET MEASURES IMPLEMENTATION ACT, 2003

(ACT NO. II OF 2003)

LOCAL LOANS

(REGISTERED STOCK AND SECURITIES) ORDINANCE

(CAP. 161)

Directive by the Minister of Finance

for the Issue of an amount not exceeding Lm33,833,200

5% Malta Government Stock 2023

(First Issue)

IN exercise of the powers conferred by the Budget Measures

Implementation Act, 2003 and 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 not exceeding Lm33,833,200 5.5%

Malta Government Stock be 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. In terms of the Malta Stock Exchange Act, when the Stock

has been allotted, an application shall be made for the Stock to be placed

on the official list and for trading on the Malta Stock Exchange.

345. Sum of money to be

4. The sum of money to be raised by the Stock shall not exceed

Lm33,833,200.

5. Interest at the rate of Lm2.75,0 for every Lm100 Stock will

be payable half-yearly in arrear on the 6th day of January and on the 6th

day of July in every year for the duration of the Stock. The first pro-

rata payment covering the period from the 15th day of July 2003 to the

6th day of January 2004 shall be made on the 6th day of January 2004.

The Stock shall be redeemed at par on the 6th July 2023.

Mitbug[ fl-Istamperija tal-Gvern – Printed at the Government Printing Press