for the Issue of Lm 20,000,000 5.1% Malta Government Stock
Table of Provisions (7)
Statutory Text (7 Articles)
L.N. 373 of 2004
BUDGET MEASURES IMPLEMENTATION ACT, 2004
(ACT NO. II OF 2004)
LOCAL LOANS
(REGISTERED STOCK AND SECURITIES) ORDINANCE
(CAP. 161)
Directive by the Prime Minister and Minister of Finance
for the Issue of Lm 20,000,000 5.1% Malta Government Stock
(First Issue)
IN exercise of the powers conferred by the Budget Measures
Implementation Act, 2004 and by article 4(1)(a) of the Local Loans
(Registered Stock and Securities) Ordinance, Cap. 161, the Prime
Minister and Minister of Finance has authorised that the sum of
Lm20,000,000 5.1% Malta Government Stock be 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.
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
345. on the official list and for trading on the Malta Stock Exchange.
The sum of money to be raised by the Stock shall be
Lm20,000,000.
Interest at the rate of Lm 2.55, 0 for every Lm100 Stock will
be payable half-yearly in arrear on the 16th day of February and on the
16th day of August in every year for the duration of the Stock. The
first payment covering the period from the 17th day of August, 2004
to the 16th day of February, 2005 shall be made on the 16th day of
February, 2005.
The Stock shall be redeemed at par on the 16th August, 2022.
Mitbug[ fl-Istamperija tal-Gvern — Printed at the Government Printing Press