CONVERSION INTO LM16,500,000 5.6% MALTA GOVERNMENT (CONVERSION) STOCK 2005 
(SECOND ISSUE) FROM LM9,000,000 6.3% MALTA GOVERNMENT STOCK 1999 (THIRD 
ISSUE) AND LM7,500,000 6.3% MALTA GOVERNMENT STOCK 1999 (FOURTH ISSUE) g S.L.161.54 1
SUBSIDIARY LEGISLATION 161.54
DIRECTIVE BY THE MINISTER OF FINANCE FOR 
THE CONVERSION INTO LM16,500,000 5.6% 
MALTA GOVERNMENT (CONVERSION) STOCK 
2005 (SECOND ISSUE) FROM LM9,000,000 6.3% 
MALTA GOVERNMENT STOCK 1999 (THIRD 
ISSUE) AND LM7,500,000 6.3% MALTA 
GOVERNMENT STOCK 1999 (FOURTH ISSUE)
13th July, 1999
LEGAL NOTICE 121 of 1999. 
Title .
Finance for the Conversion into Lm16,500,000 5.6% Malta
Government (Conversion) Stock 2005 (Second Issue) from
Lm9,000,000 6.3% Malta Government Stock 1999 (Third Issue)
and Lm7,500,000 6.3% Malta Government Stock 1999 (Fourth
Issue).
Mode of issuing 
stock.
2. This stock shall be issued as set out in the prospectus.
Trading on an 
exchange. 
Cap. 345.
3. An application for the stock to be put on the official list
and trading on a recognised stock exchange will be made in terms
of the Financial Markets Act, when the stock has been allotted.
Sum of money to 
be raised.
4. The sum of money to be raised by the stock shall be
Lm16,500,000.
Rate of interest and 
dates of payment.
5. Interest at the rate of Lm2.80 for every Lm100 stock shall
be payable in arrear half-yearly on the 1st February and the 1st of
August of every year during the currency of the stock. The first
payment covering the period from the 2nd August, 1999 to the 1st
February, 2000 shall be made on the 1st day of February, 2000.
Redemption of 
stock
6. The stock shall be redeemed at par on the 1st August, 2005.
