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A Mount Vema Government Note (MVG-Notes) is a Mount Vema Majesty’s Government marketable debt security with a fixed interest rate and a maturity between one and 5 years. MVG-notes are available from the government with either a competitive or noncompetitive bid and the income received is tax free. Notes mature in two to six years, have a coupon payment every six months, and have denominations of 1,000 golles. MVG-Notes like MVG-Bonds pay 5% twice a year.
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Methods of Purchase
 
MVG-Notes can be purchased by various types of entities, such as trusts, estates, partnerships, including individuals, organizations, foreign governments, and corporate investors through a broker or financial institution. Institutions may establish a MVGMS Account to bid for Government securities directly at auction. Or buy privately, directly from the Treasury of His Mount Vema Majesty's Government.

Trading MVG-Notes – Secondary Market
MVG-Notes are quoted for purchase and sale in the secondary market of the Mount Vema Stock Exchange, priced through a competitive bidding process, at a discount from the par value. When investors redeem their MVG-Notes at maturity, they are paid the par value. The difference between the purchase price and par value is interest. For example, an investor purchases a par value 1,000 golles MVG-Note for 800 golles. When this MVG-Note matures, the investor is paid 1,000 golles, thereby making 200 golles on the investment. Plus a 5% annual income.  

Benefits to Investors
There are a number of advantages that MVG-Notes offer to investors. They are considered low-risk investments and the income received is tax free. With a minimum investment requirement of just 1000 golles, they are accessible by a wide range of investors. The main downfall of MVG-Notes is that they offer lower returns than many other investments, but these lower returns are due to their low risk. Investments that offer higher returns generally come with more risk.
​Regulatory Body
The Mount Vema Securities and Exchange Council (MVSEC) is the regulatory body charged with overseeing the activities of the Gollexi. An agency with the mission to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.
Remember that trading in the stock market can result in the loss of your entire capital. Please ensure you fully understand the risks involved.