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MVG-NOTE

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​MVG-BILL | MVG-NOTE | MVG-BOND | STOCKS & DIVIDENDS | LISTING COST | LISTING
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5 Year Note-Series-31DEC22
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5 Year Note-Series-31DEC23
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5 Year Note-Series-28AUG25

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A Mount Vema Government Note (MVG-Notes) is a His 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.

MVG-Notes mature in two to six years, have a coupon payment every six months, and have denominations of 1,000 golles. In the basic transaction, one buys a 1,000 MVG-Note for 900 golles, collects interest of 3% per year over 5 years, which comes to 30 yearly, and at the end of the 5 years cashes it in for 1000 golles. So, 900 golles over the course of 5 years becomes 1,150 golles.
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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, and corporate investors through a broker or financial institution. Institutions may establish a MVGMS Account to bid for Government securities directly at auction.
 
MVG-Notes are auctioned Quarterly August, December, and April, some with the same dates as reopenings. Reopened securities have the same maturity date, coupon interest rate, and interest payment dates as the original security, but has a different issue date and usually a different price.

​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.


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MOUNT VEMA - KINGDOM OF MOUNT VEMA - THE VEMA SEAMOUNT TERRITORY

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ADMINISTRATIVE DIVISIONS
Pashant
Southland
Bella Vista
Westland
Neverland
Maryland
Roseland
San Miguel
Northland
Eastland

  • COUNTRY NAME: Kingdom of Mount Vema 
  • INFORMAL: Mount Vema, Vema Seamount territory  
  • FORMATION: 2006 (See Declaration of Sovereignty)  
  • RELIGION: Christianity  
  • LOCATION: Southeast Atlantic Ocean 
  • CAPITAL: Neverland (Under Development)
  • PEOPLE: Veman (s) (See Citizenship)​ 
  • LANGUAGE: English - (official language) 
  • GOVERNMENT: Constitutional Monarchy
  • CURRENCY: VSG (Veman golle) = 100 shares
COUNTRY CODE
​COUNTRY CODES IN USE  
Mount Vema Country Code: OV / MOV 
Mount Vema Numeric Country Code: 507
Currency Code: VSG

Proposed Top-Level Domain: .ov
Proposed Telephone Country Code: +294
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