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S.L. 133.2 · Malta Treasury Bills (S.L. 133.2)

S.L. 133.2 Art. 14Redemption. Payment of bills upon maturity.

In forceOfficial text

(1) Bills are redeemed at nominal value upon maturity.

(2) The principal sum of matured bills shall be payable to the registered holder as appearing in the Central Securities Depository on the maturity date specified in the bills by crediting directly a bank account as may be specified by the respective holder.

(3) Treasury bills maturing on a public holiday shall be redeemed one business day before their maturity date.