ln_2011_162

for the Issue of Euro 100,000,000 Malta Government Stocks

8 Articles / Provisions · Malta

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Table of Provisions (8)

Preamble Reg. 1 Reg. 2 Reg. 4 Reg. 5 Reg. 6 Sum of money to be raised. Reg. 7 Rate of interest and dates of payment. Reg. 8 Redemption of Stock.

Statutory Text (8 Articles)

Malta Government Gazette — Legal Notice 2011 162 — for the Issue of Euro 100,000,000 Malta Government Stocks

Preamble — for the Issue of Euro 100,000,000 Malta Government Stocks Open official source

L.N. 162 of 2011

BUDGET MEASURES IMPLEMENTATION ACT

(CAP. 509)

LOCAL LOANS

(REGISTERED STOCK AND SECURITIES) ORDINANCE

(CAP. 161)

Directive by the Minister of Finance, the Economy and Investment

for the Issue of Euro 100,000,000 Malta Government Stocks

IN exercise of the powers conferred by article 4 of the Budget

Measures Implementation Act (2011), and by articles 4(1)(a) and 6(1)

of the Local Loans (Registered Stock and Securities) Ordinance, the

Minister of Finance, the Economy and Investment has issued the

following Directive

Malta Government Gazette — Legal Notice 2011 162 — for the Issue of Euro 100,000,000 Malta Government Stocks

Reg. 1 — for the Issue of Euro 100,000,000 Malta Government Stocks Open official source

The title of this directive is Directive by the Minister of Title.

Finance, the Economy and Investment for the issue of Euro

100,000,000 Malta Government Stocks.

Malta Government Gazette — Legal Notice 2011 162 — for the Issue of Euro 100,000,000 Malta Government Stocks

Reg. 2 — for the Issue of Euro 100,000,000 Malta Government Stocks Open official source

An amount of Euro 100,000,000 Malta Government Stocks Issuing of

Stock.

shall be issued as follows

(a)

Malta Government Gazette — Legal Notice 2011 162 — for the Issue of Euro 100,000,000 Malta Government Stocks

Reg. 4 — for the Issue of Euro 100,000,000 Malta Government Stocks Open official source

25% Malta

Government

Stock

(III)

Fungibility issue, and

(b)

Malta Government Gazette — Legal Notice 2011 162 — for the Issue of Euro 100,000,000 Malta Government Stocks

Reg. 5 — for the Issue of Euro 100,000,000 Malta Government Stocks Open official source

25% Malta Government Stock 2030 (I) Fungibility

issue, or

(c)

any combination of the above two Stocks which

shall in the aggregate be Euro 100,000,000.

3. These Stocks shall be issued as set out in the prospectus.

Mode of issuing

Stock.

4. All persons and, or entities are eligible to apply for these Allotment

policy.

Stocks. Allotment will be applied as set out in the prospectus.

5. (1) In terms of the Financial Markets Act, when these Trading on the

Stocks have been allotted, an application shall be made for the Malta

Exchange.

respective Stock to be placed on the official list and for trading on the Cap. 345.

Malta Stock Exchange.

(2) On the 6th November, 2011 after the payment of the first

interest, any amount allotted under 4.25% Malta Government Stock

2017 (III) FI shall be integrated with the existing issue of this Stock

and thereafter both shall be deemed to be one Stock.

(3) On the 23rd June, 2011 after the payment of the first

interest, any amount allotted under 5.25% Malta Government Stock

2030 (I) FI shall be integrated with the existing issue of this Stock and

thereafter both shall be deemed to be one Stock.

Malta Government Gazette — Legal Notice 2011 162 — for the Issue of Euro 100,000,000 Malta Government Stocks

Reg. 6 Sum of money to be raised. — for the Issue of Euro 100,000,000 Malta Government Stocks Open official source

The sum of money to be raised by either Stock, or of any

combination of the two Stocks shall in the aggregate be Euro

100,000,000. The Accountant General reserves the right to increase

the sum of money to be raised by a maximum of Euro 50,000,000.

Malta Government Gazette — Legal Notice 2011 162 — for the Issue of Euro 100,000,000 Malta Government Stocks

Reg. 7 Rate of interest and dates of payment. — for the Issue of Euro 100,000,000 Malta Government Stocks Open official source

(1) Interest at the rate of Euro 2.125 for every Euro 100

in respect of the 4.25% Malta Government Stock 2017 (III) shall be

payable half-yearly in arrears on the 6th day of May and the 6th day

of November in every year for the duration of the Stock. The first pro

rata interest payment covering the period from the 18th day of May,

2011 to the 5th day of November, 2011 (both dates inclusive), shall be

made on the 6th day of November, 2011.

(2) Interest at the rate of Euro 2.625 for every Euro 100 in

respect of the 5.25% Malta Government Stock 2030 (I) shall be

payable half-yearly in arrears on the 23rd day of June and the 23rd

day of December in every year for the duration of the Stock. The first

pro rata interest payment covering the period from the 18th day of

May, 2011 to the 22nd day of June, 2011 (both dates inclusive), shall

be made on the 23rd day of June, 2011.

Malta Government Gazette — Legal Notice 2011 162 — for the Issue of Euro 100,000,000 Malta Government Stocks

Reg. 8 Redemption of Stock. — for the Issue of Euro 100,000,000 Malta Government Stocks Open official source

(1) The 4.25% Malta Government Stock 2017 (III) shall

be redeemed at par on the 6th November, 2017.

(2) The 5.25% Malta Government Stock 2030 (I) shall be

redeemed at par on the 23rd June, 2030.

€0.18

for the Issue of Euro 100,000,000 Malta Government Stocks

Table of Provisions (8)

Statutory Text (8 Articles)

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