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Budget Measures Implementation Act, 2005 (Act No. Ii Of 2005) Local Loans (Registered Stock And Securities) Ordinance (Cap. 161) Directive By The Prime Minister And Minister Of Finance For The Issue Of Lm 20,000,000 5.7% Malta Government Stock 2012 (Third Issue) Fungibility Issue (L.N. 65 Of 2005 )

BUDGET MEASURES IMPLEMENTATION ACT, 2005 (ACT NO. II OF 2005)
LOCAL LOANS
(REGISTERED STOCK AND SECURITIES) ORDINANCE (CAP. 161)
Directive by the Prime Minister and Minister of Finance for the Issue of Lm 20,000,000 5.7 % Malta Government Stock 2012 (Third Issue)
Fungibility Issue
IN exercise of the powers conferred by the Budget Measures Implementation Act, 2005 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 Lm 20,000,000
5.7% 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. (a) In terms of the Financial Markets Act, Cap. 345, 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.
(b) On the 30th September, 2005, after the payment of the first dividend, this stock will be integrated with the existing issue 5.7% Malta Government Stock 2012 (III) and shall thereafter both be deemed to be one Stock.
4. The sum of money to be raised by the Stock shall be
Lm 20,000,000.
5. Interest at the rate of Lm 2.85,0 for every Lm100 Stock will be payable half-yearly in arrear on the 30th day of March and on the
30th day of September in every year for the duration of the Stock. The first pro-rata payment covering the period from the 23rd day of March,
2005 to the 30th day of September, 2005 shall be made on the 30th day of September, 2005.
6. The Stock shall be redeemed at par on the 30th September, 2012.

Ippubblikat mid-Dipartiment ta’ l-Informazzjoni (doi.gov.mt) — Valletta — Published by the Department of Information (doi.gov.mt) — Valletta

Mitbug[ fl-Istamperija tal-Gvern — Printed at the Government Printing Press

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