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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 Lm35,000,000
5.4% Malta Government Stock 2010 (Fourth 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 Lm35,000,000
5.4 % 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
Lm35,000,000.
5. Interest at the rate of Lm2.70,0 for every Lm100 Stock will be payable half-yearly in arrear on the 21st day of February and
on the
21st day of August in every year for the duration of the Stock. The first
payment covering the period from the 22nd day of February, 2003 to the 21st day of August, 2003 shall be made on the 21st day of August,
2003.
6. The Stock shall be redeemed at par on the 21st February, 2010.
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 2c – Price 2c
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URL: http://www.worldlii.org/mt/legis/laws/bmia2003nio2003n59o2003472