Arrêté ministériel du 6 octobre 1951 concernant une émission d'obligations communales par le Crédit Foncier de l'Etat. | http://data.legilux.public.lu/eli/etat/leg/amin/1951/10/06/n1/jo — Luxembourg law | Esheria

Arrêté ministériel du 6 octobre 1951 concernant une émission d'obligations communales par le Crédit Foncier de l'Etat.

This preamble introduces a ministerial order about a communal bond issue by Crédit Foncier de l'Etat.

AI-assisted research synopsis — verify against the official legal text below.

Jurisdiction
Luxembourg
Instrument
Order
Citation
http://data.legilux.public.lu/eli/etat/leg/amin/1951/10/06/n1/jo
Status
In force
Version
Undated source snapshot
Language
fr
Updated
Official source
View official record ↗
bond issuance bond redemption bonds interest payments municipal bonds payment schedule registration stamp duty state guarantee

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Statute overview

About this statute

This preamble introduces a ministerial order about a communal bond issue by Crédit Foncier de l'Etat. Le Crédit Foncier doit émettre des obligations communales pour 50 millions de francs. Bearer bonds are issued in set denominations, bear 3% interest, and their coupons are payable twice a year; they are also exempt from several taxes/formalities. The obligations are to be retired over 5 years through an annual October lottery; the selected titles become redeemable on 1 November of that year and are paid with a 1% premium. Les obligations peuvent être déposées gratuitement auprès du Crédit Foncier.