S.L. 161.138 Art. 7Rateofinterestand dates of payment.

(1) Interest on the Floating Rate Malta Government Stock

2019 (VI) shall be paid at the rate linked to the six-month Euribor issued by the European Money Markets Institute (EMMI) in effect on the applicable interest determination date, plus a spread of 35 basis points (bps) calculated on Day Count Fraction (Actual/360) for every Euro 100. The spread of 35 bps is fixed and applicable until the maturity of the Stock.

(2) Interest shall be payable half yearly in arrears on the 27th of May and the 27th of November in every year for the duration of the Stock.

(3) The first interest payment covering the period from the 27th November, 2015 to the 26th May, 2016 (both days inclusive) shall be made on the 27th day of May, 2016.