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Maltese Laws |
BUDGET MEASURES IMPLEMENTATION ACT, 2003 (ACT NO. II OF 2003)
LOCAL LOANS
(REGISTERED STOCK AND SECURITIES) ORDINANCE (CAP. 161)
Directive by the Minister of Finance
for the Issue of an amount not exceeding Lm30,000,000
5.1% Malta Government Stock 2014 (Third Issue)
IN exercise of the powers conferred by the Budget Measures Implementation Act, 2003 and by article 4(1)(a) of the Local Loans (Registered
Stock and Securities) Ordinance, Cap. 161, the Minister of Finance has authorised that the sum not exceeding Lm30,000,000 5.1% Malta
Government Stock be issued as follows>–
1. This Stock shall be issued as set out in the prospectus.
2. All persons and#or entities are eligible to apply for this Stock. Allotment will be applied as set out in the prospectus.
3. 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 on the official list and for trading on
the Malta Stock Exchange.
4. The sum of money to be raised by the Stock shall not exceed
Lm30,000,000.
5. Interest at the rate of Lm2.55,0 for every Lm100 Stock will be payable half-yearly in arrear on the 6th day of January and on
the 6th day of July in every year for the duration of the Stock. The first pro-rata payment covering the period from the 15th day
of July 2003 to the 6th day of January 2004 shall be made on the 6th day of January 2004.
6. The Stock shall be redeemed at par on the 6th July 2014.
Ippubblikat mid-Dipartiment ta’ l-Informazzjoni – 3, Pjazza Kastilja – Published by the Department of Information – 3, Castille Place
Mitbug[ fl-Istamperija tal-Gvern – Printed at the Government Printing Press
Prezz 2ç – Price 2c
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URL: http://www.worldlii.org/mt/legis/laws/bmia2003nio2003llsaso161dbtmofftioaanel3000000051mgs2014in141o20031988