Proceedings for Issuance of Additional Series of Bonds

Whenever the Government shall determine to issue an additional Series of Bonds pursuant to § 3.04, the Government shall enter into a Supplemental Indenture specifying the principal amount and prescribing the forms of Bonds of such additional Series and providing terms, conditions, distinctive designation, denominations, methods of numbering, date, place or places of payment of principal or Redemption Price, if any, of and interest on such Bonds, and any other provisions respecting the Bonds of such Series not inconsistent with the terms of this Indenture, and providing for the manner of selling the Bonds and of determining their maturity date or dates, interest rate or razes, interest payment dates and redemption provisions. Before such additional Series of Bonds shall be issued and delivered, the Government shall deliver the following documents to the Trustee:

(A)An executed copy of the Supplemental Indenture authorizing such additional Series of Bonds.

(B)Originals or certified copies of the instruments or documents determining any matters specified above and left undetermined by such Supplemental Indenture with respect to such additional Series of Bonds.

(C)A Certificate of the Government that the requirements of §§ 3.04(A)(1) and 3.04(A)(7) have been met. COL4/6/2022 CH. 22 GENERAL FISCAL POLICIES AND CONTROLS

(D)In the case of refunding bonds, irrevocable instructions to the Trustee to give notice as provided in Article IV of redemption of all Bonds to be redeemed in connection with such refunding.

(E)An Opinion of Counsel that the Supplemental Indenture has been duly executed and delivered in accordance with this Indenture; that such additional Series of Bonds, when duly executed by the Government and authenticated and delivered by the Registrar, will be valid and binding obligations of the Government; and that upon the delivery of such additional Series of Bonds the aggregate principal amount of Bonds then Outstanding will not exceed the amount permitted by law or by this Indenture.