CONVERSION INTO LM15,000,000 5.9% MALTA GOVERNMENT 
(CONVERSION) STOCK 2010 (FIRST ISSUE) FROM LM15,000,000 
6% MALTA GOVERNMENT STOCK 1999 (SECOND ISSUE) [ S.L.161.55 1
SUBSIDIARY LEGISLATION 161.55
DIRECTIVE BY THE MINISTER OF FINANCE FOR 
THE CONVERSION INTO LM15,000,000 5.9% 
MALTA GOVERNMENT (CONVERSION) STOCK 
2010 (FIRST ISSUE) FROM LM15,000,000 6% 
MALTA GOVERNMENT STOCK 1999 
(SECOND ISSUE)
29th October, 1999
LEGAL NOTICE 179 of 1999. 
Title .
Finance for the Conversion into Lm15,000,000 5.9% Malta
Government (Conversion) Stock 2010 (First Issue) from
Lm15,000,000 6% Malta Government Stock 1999 (Second 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
Lm15,000,000.
Rate of interest and 
dates of payment.
5. Interest at the rate of Lm2.95 for every Lm100 stock shall
be payable in arrear half-yearly on the 19th May and the 19th
November of every year during the currency of the stock. The first
payment covering the period from the 20th November, 1999 to the
19th May, 2000 shall be made on the 19th day of May, 2000.
Redemption of 
stock.
6. The stock shall be redeemed at par on the 19th November,
2010.
