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Notice to investors: Marketable Securities 6 Month MVG-Bill Series- MVG-6M-07NOV23 coming to maturity

10/18/2023

 
The Treasury of His Mount Vema Majesty's Government is informing private and institutional investors who have invested in Mount Vema Government Bills also referred to as MVG-Bills maturing on the 7th of November 2023 (6 Month Bill Series- MVG-6M-07NOV23) that these Bills are coming to maturity. Payments will be made on Wednesday the 8th of November 2023 at 4pm in Mount Vema currency.  
 
For purchases made through brokers, and third parties, with returns payable in foreign currency such as the US dollar, the British Pound, the Euros, and the Japanese Yen, the final payments will be made at 2pm on Thursday the 9th of November 2023. 
 
For purchases made through brokers, and third parties, with returns payable in other currencies, payments will be made at 2pm on Friday the 10th of November 2023. 
 
Foreign trusts, estates, partnerships, individuals, organizations, foreign governments, and corporate investors who have purchased directly or through a broker or financial institutions (holders of the securities Series- MVG-6M-07NOV23) whose payment details have changed, should contact Mount Vema to update their payment details before the 28th of October 2023.
 
Primary market sell of the next 6-month bill will close on Thursday the 2nd of November 2023. Bills may be purchased at the Gollexi online (the Mount Vema Stock Exchange) or through authorized brokers, privately, or directly from the Treasury of His Mount Vema Majesty's Government.
 
6 Month MVG BILLS OFFERING – Series: MVG-6M-07MAY24
Total Issues: 1,000,000
Offering Amount: 80 golles
Value Per Security: 100 golles
Issue Number: MVG-6M-07MAY24
Primary Market Order Deadline: November 2, 2023
Issue Date: Nov 07, 2023
Maturity Date: May 07, 2024
Total Outstanding by Maturity Date: 100,000,000 golles
Minimum Bid Amount and Multiples: 80 golles
Noncompetitive Closing Time: 4:00 UTC + 1hour
Competitive Closing Time: 4:30 UTC + 1hour
This Offering must be expressed as a discount rate. 

​Noncompetitive bids from a Foreign and or an International Monetary Authority must not exceed 50 million per account.  >>>

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  • COUNTRY NAME: Kingdom of Mount Vema 
  • INFORMAL: Mount Vema, Vema Seamount territory  
  • FORMATION: 2006 (Declaration of Sovereignty)  
  • RELIGION: Christianity  
  • LOCATION: Southeast Atlantic Ocean 
  • CAPITAL: FortGate (Under Development)
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