DIRECTIVE BY THE PRIME MINISTER AND MINISTER OF FINANCE FOR THE ISSUE OF AN AMOUNT NOT EXCEEDING €93,174,935.94 5%
Table of Provisions (8)
Statutory Text (8 Articles)
ISSUE OF €93,174,935.94 5%
MALTA GOVERNMENT STOCK 2021 (FIRST ISSUE)
SUBSIDIARY LEGISLATION 469.02
DIRECTIVE BY THE PRIME MINISTER AND
MINISTER OF FINANCE FOR THE ISSUE OF AN
AMOUNT NOT EXCEEDING €93,174,935.94 5%
MALTA GOVERNMENT STOCK 2021
(FIRST ISSUE)
7th May, 2004
LEGAL NOTICE 263 of 2004, as amended by Legal Notice 427 of 2007.
The title of this Directive is Directive by the Prime
Minister and Minister of Finance for the Issue of an amount not
exceeding €93,174,935.94 5% Malta Government Stock 2021 (First
Issue).
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 Financial Markets 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.
The sum of money to be raised by the Stock shall not
exceed €93,174,935.94.
Interest at the rate of €2.50,0 for every €100 Stock will be
payable half-yearly in arrear on the 8th day of February and on the
8th day of August in every year for the duration of the Stock. The
first pro-rata payment covering the period from the 26th day of
May, 2004 to the 8th day of August, 2004 shall be made on the 8th
day of August, 2004.
The Stock shall be redeemed at par on the 8th August,
2021.