DIRECTIVE BY THE MINISTER OF FINANCE FOR THE ISSUE OF €24,458,420.68 6.6% MALTA GOVERNMENT STOCK 2014 *
Table of Provisions (8)
Statutory Text (8 Articles)
ISSUE OF €24,458.420.68 6.6%
MALTA GOVERNMENT STOCK 2014
SUBSIDIARY LEGISLATION 161.60
DIRECTIVE BY THE MINISTER OF FINANCE FOR
THE ISSUE OF €24,458,420.68 6.6% MALTA
GOVERNMENT STOCK 2014 *
7th September, 2000
LEGAL NOTICE 167 of 2000, as amended by Legal Notice 410 of 2007.
The title of this Directive is Directive by the Minister of
Finance for the Issue of €24,458,420.68 6.6% Malta Government
Stock 2014.
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.
An application for the stock to be put on the official list
and for trading on a recognised stock exchange will be made in
terms of the Financial Markets Act, when the stock has been
allotted.
The sum of money to be raised by the stock shall be
€24,458,420.68.
Interest at the rate of €3.30 foe every €100 stock will be
payable half-yearly in arrears on the 30th day of March and on the
30th day of September in every year for the duration of the stock.
The first payment covering the period from the 1st day of October,
2000 to the 30th day of March, 2001 shall be made on the 30th day
of March, 2001.
The stock shall be redeemed at par on such date between
the 1st January, 2014 and 31st December, 2014 (both dates
inclusive) as shall be determined by the Accountant General and
notified in the Gazette.
*
This Directive has been revoked by Act XLV of 2016, but it is still partially
applicable since the six-year period prescribed by law to claim funds referring to
stocks that have already matured, has not yet expired.