ACT OF THE MINISTRY OF FINANCE OF THE REPUBLIC OF MOLDOVA

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 fixed rate

I. General provisions

1. These conditions are developed according to provisions of the Law on public debt, the state guarantees and the state recrediting of N419-XVI of December 22, 2006, other existing regulations and establish the main conditions of placement, the address and redemption of Government bonds with fixed rate.

2. Government bonds with fixed rate (further Government 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 term of the address from one to five years inclusive which profitability is paid once a quarter/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 fixed yield (coupon) established quarter/half-yearly.

II. Release, placement and circulation of Government bonds

4. Nominal value of the Government bond makes 100 lei. Government bonds can be issued with discount (at the price below, than nominal value), at par value, or with award (at the price above, than nominal value).

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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