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IT IS APPROVED NATIONAL BANK OF MOLDOVA August 14, 2008. |
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of August 14, 2008 No. 08/3-1/323
Approved by the Ministry of Finance of the Republic of Moldova
Conditions of placement, the address and the redemption of government bonds with floating rate
1. These conditions are developed according to provisions of the Law on public debt, the state guarantees and the state recrediting N 419-XVI of December 22, 2006, other existing regulations and establish the main conditions of placement, the address and redemption of Government bonds with floating rate.
2. Government bonds with floating rate (daleegosudarstvenny bonds) are the government securities in the form of record on the account issued by the Ministry of Finance on behalf of the Government with average terms of the address from one to five years inclusive which profitability is reviewed once in half a year as it is established in these conditions.
3. Government bonds grant to their holders the right to nominal value on repayment date and on receipt of the half-yearly yield calculated on the basis of floating rate to which the margin (award for risk) established at auctions is added.
4. Government bonds are issued at par value which constitutes 100 lei.
5. Appropriates to each release of the Government bonds Ministry of Finance according to requirements of international standards the state registration number.
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The document ceased to be valid since March 1, 2019 according to Item 2 of the Order of the Government of the Republic of Moldova of February 14, 2019 No. 29