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Local Loans (Registered Stock And Securities) Ordinance (Cap. 161) Directive By The Minister Of Finance, The Economy And Investment For The Issue Of Euro 120,000,000 Malta Government Stocks (L.N. 29 Of 2011 )

LOCAL LOANS(REGISTERED STOCK AND SECURITIES) ORDINANCE (CAP. 161)Directive by the Minister of Finance, the Economy and Investment for the Issue of Euro 120,000,000 Malta Government Stocks

IN exercise of the powers conferred by articles 4(1) (a) and 6(1) of the Local Loans (Registered Stock and Securities) Ordinance, the Minister of Finance, the Economy and Investment has issued the following Directive:

Finance, the Economy and Investment for the issue of Euro
120,000,000 Malta Government Stocks.

(a) 4.25% Malta Government Stock 2017 (III), and
(b) 5.25% Malta Government Stock 2030 (I) Fungibility issue, or
(c) any combination of the above two Stocks which shall in the aggregate be Euro 120,000,000.

Stocks. Allotment will be applied as set out in the prospectus.

(2) On the 23rd June, 2011 after the payment of the first interest, any amount allotted under 5.25% Malta Government Stock
2030 (I) FI shall be integrated with the existing issue of this Stock and
shall thereafter both be deemed to be one Stock.

120,000,000. The Accountant General reserves the right to increase

Title.

Issuing of

Stock.

Mode of issuing

Stocks.

Allotment policy.

Trading on the Malta Stock Exchange. Cap. 345.

Sum of money to be raised.

B 450 VERŻJONI ELETTRONIKA

Rate of interest and dates of payment.

Redemption of

Stock.

the sum of money to be raised by a maximum of Euro 80,000,000.
7. (1) Interest at the rate of Euro 2.125 for every Euro 100 in respect of the 4.25% Malta Government Stock 2017 (III) shall be payable half-yearly in arrears on the 6th day of May and the 6th day of November in every year for the duration of the Stock. The first pro rata interest payment covering the period from the 23rd day of February, 2011 to the 5th day of May, 2011 (both dates inclusive), shall be made on the 6th day of May, 2011.
(2) Interest at the rate of Euro 2.625 for every Euro 100 in respect of the 5.25% Malta Government Stock 2030 (I) shall be payable half-yearly in arrears on the 23rd day of June and the 23rd day of December in every year for the duration of the Stock. The first pro rata interest payment covering the period from the 23rd day of February, 2011 to the 22nd day of June, 2011 (both dates inclusive), shall be made on the 23rd day of June, 2011.

(2) The 5.25% Malta Government Stock 2030 (I) shall be redeemed at par on the 23rd June, 2030.