S.L. 161.132 Art. 7Rateofinterestand dates of payment.

(1) Interest at the rate of Euro 2.15 for every Euro 100 in respect of the 4.3% Malta Government Stock 2033 (I) shall be payable half-yearly in arrears on the 1st day of February and the 1st day of August in every year for the duration of the Stock:

(a) the first pro rata interest payment in respect of the allotted amount from applications submitted by members of the public covering the period from the 9th day of June, 2014 to the 31st day of July, 2014 (both dates inclusive), shall be made on the 1st day of August, 2014;

(b) the first interest payment in respect of the pro rata allotted amount from bids/applications submitted by institutional investors covering the period from the 12th day of June 2014 to the 31st day of July, 2014 (both dates inclusive), shall be made on the 1st day of August, 2014.

(2) Interest on the Floating Rate Malta Government Stock 2018

(VII) linked to the six-month Euribor shall be paid at the rate linked to the six-month Euribor issued by Euribor-EBF in effect on the applicable interest determination date, plus a spread of 90 basis points (bps) calculated on Day Count Fraction (Actual/360) for every Euro 100. The spread of 90bps is fixed and applicable until the maturity of the Stock.

(3) (a) Interest on the Floating Rate Malta Government Stock 2018 (VII) linked to the six-month Euribor shall be payable half yearly in arrears on the 12th of June and 12th of December in every year for the duration of the Stock.

(b) The first interest payment in respect of the Stock mentioned in sub-article (2) covering the period from the 12th June, 2014 to the 11th December, 2014 (both days inclusive) shall be made on the 12th day of December, 2014.