the Issue of Lm10,000,000 5.2% Malta Government Stock 2020
Table of Provisions (7)
Statutory Text (7 Articles)
L.N. 155 of 2007
BUDGET MEASURES IMPLEMENTATION ACT, 2007
(ACT NO. IV OF 2007)
LOCAL LOANS
(REGISTERED STOCK AND SECURITIES) ORDINANCE
(CAP. 161)
Directive by the Prime Minister and Minister of Finance for
the Issue of Lm10,000,000 5.2% Malta Government Stock 2020
(FIRST ISSUE)
IN exercise of the powers conferred by the Budget Measures
Implementation Act, 2007 and by article 4(1)(a) of the Local Loans
(Registered Stock and Securities) Ordinance, the Prime Minister and
Minister of Finance has authorised that the sum of Lm10,000,000 5.2%
Malta Government Stock 2020 be issued as follows> -
The Stock shall be issued as set out in the prospectus.
1.
Mod tal-{ru; ta’
l-iStock.
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 Financial Markets Act, when the Stock has
been allotted, an application shall be made for the Stock to be placed on
345. the official list and for trading on the Malta Stock Exchange.
Sum of money to be
The sum of money to be raised by the Stock shall be
Lm10,000,000. The Accountant General reserves the right to increase
the sum of money to be raised by a maximum of Lm10,000,000.
Interest at the rate of Lm 2.60,0 for every Lm100 Stock will
be payable half-yearly in arrear on the 10th day of June and the 10 th day
of December in every year for the duration of the Stock. The first pro-
rata payment covering the period from the 28 th day of June, 2007 to the
10 th day of December, 2007 shall be made on the 10 th day of December,
2007. The Stock shall be redeemed at par on the 10 th June, 2020.
Mitbug[ fl-Istamperija tal-Gvern — Printed at the Government Printing Press
Lm0.04 (€0.09)