Nation Bulletin

The New Megisian Bonds

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By Parliament TV
01/20/2024 05:10 pm
Updated: 01/21/2024 10:46 am

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The Republic of Meg is happy to announce that we now have our own Bonds !. The Meg Treasury Bonds can by bought from the Megisian Ministry of National Economy and Economics. You will need to be Megisian with a new ID card to buy them for security measures. For Foreigners to buy them you will need your country to have a license.

 

The Megisian Bonds are priced at 50 {m} (100€) each . The interest rate is mainly decided by the Economic growth of the country. The bonds interest has 2 special characteristics. 1 is you can get a max of 9% interest rate. Which means that If the county has 10% growth you will get 9% interest rate. 2 is that you can't lose money. If the country has a -1% growth you will simply get your money back without any deduction. So it's no risk but good enough.

 

Examples

0,4% GDP growth = 0,4% interest rate  

2% GDP growth = 2% interest rate 

8% GDP growth = 8% interest rate 

10% GDP growth = 9% interest rate 

-2,3% GDP growth = 0% interest rate

 

How to apply for subscription

The country of ________________wants to apply for license to get the Meg Treasury Bond available in the country for both the state and people of it. 

Signed 

(The President of the Country name)

 

[The application is both allowing the state and the people to invest. If your application is approved you will be charged 125.000.000 {m} (250.000.000€), an invoice will be sent and a license until 2102)

 

 

1 million bonds were issued 

 

 



1. Bond Type: Government bond 

2. Issuing Authority: The Ministry of National Economy and Economics 

3. Bond Name: Meg treasury bond 

4. Bond Term: 5 years 

5. Interest Rate: 0% - 9% 

6. Issue Size: - 

7. Denomination: 50 {m} (100€) a one 

8. Issue Date: until start of 2097

9. Maturity Date: 1 January of 2097 (first payment) 

10. Coupon Payment Frequency: Semi-annually (1st January and 1 june) 

11. Use of Proceeds: increase of Capital 

12. Collateral: No 

13. Redemption Provisions: Never 

14. Credit Rating: Approved by the Ministry of National Economy and Economics of The Republic of Meg 

15. Legal Structure: Owned by the Republic of Meg | generaly Managed by group of Proffesionals | govering Management  by: General Leader of Ministry of National Economy and Economics | Political management by: Minister of National Economy and Economics. 

16. Underwriters: Group of 20 financial Professionals from the Ministry of National Economy and Economics. 

17. Offering Documents: ID Megisian | country having license 

18. Listing: in the future 

19. Tax Considerations N/A 

20. Communication Channels: by Bluemail (Blue Bird google)
 

Replies

Posted January 20, 2024 at 3:38 pm

Are there secondary markets for your government bonds?

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Posted January 20, 2024 at 3:47 pm

You can purchase them online from the Ministry 

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Posted January 20, 2024 at 4:08 pm

The country of the Federal Republic of Uwistan wants to apply for license to get the Meg Treasury Bond available in the country for both the state and people of it.

Signed

Federal Chancellor of the Federal Republic of Uwistan

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