Decree No. 139/SL in 1950 permits the issuance of National Securities nationwide to meet financial needs, specifying the type, value, and interest rate of securities.
적용 범위
Citizens and organizations may purchase National Security certificates.
핵심 사항
- The Ministry of Finance is authorized to issue National Securities nationwide (Article 1).
- Securities are denominated in rice and redeemed in cash or rice, with a total amount of 100,000 tons of rice (Articles 2 and 3).
- Security certificates can be purchased in denominations ranging from 10 kg to 1,000 kg of rice (Article 3).
- Securities bear an annual interest rate of 3% calculated on the amount of rice recorded on the certificate (Article 5).
- The principal will be repaid five years after the purchase date of the security, in addition to annual bonus payments (Article 6).
🌐 이 문서의 사회적 영향
- To create a financial resource for the country during wartime.
- Encourage citizens to participate in the national financial system by purchasing securities.
- It may impose economic pressure on those who do not have enough rice to invest.
❓ 자주 묻는 질문
What types of National Security certificates can I purchase?
You can purchase types A through E, corresponding to 10 kg, 50 kg, 100 kg, 500 kg, and 1,000 kg of rice respectively.
What is the interest rate for National Securities?
National Securities bear an annual interest rate of 3% calculated on the amount of rice recorded on the certificate (Article 5).
When will I receive my principal back from purchasing securities?
The principal will be repaid five years after the purchase date of the security (Article 6).
전문
DECREE-LAW
OF THE PRESIDENT OF THE DEMOCRATIC REPUBLIC OF VIETNAM
NO. 139/SL DATED SEPTEMBER 19, 1950
THE PRESIDENT OF THE DEMOCRATIC REPUBLIC OF VIETNAM
Considering the financial needs;
Pursuant to Decree-Law No. 20-SL dated February 12, 1950, promulgating a general mobilization order;
At the proposal of the Minister of Finance;
In accordance with the resolution of the Council of Ministers, after consultation with the Standing Committee of the National Assembly;
ISSUES THE FOLLOWING DECREE-LAW:
Article 1: The issuance throughout the country of a national bond called "National Bond" is hereby permitted.
Article 2: The national bond shall be denominated in rice and redeemed in cash or rice.
Article 3: The total amount of bonds to be issued is set at 100,000 tons of rice.
There are five types of certificates:
Type A: 10 kilograms of rice
Type B: 50 kilograms of rice
Type C: 100 kilograms of rice
Type D: 500 kilograms of rice
Type E: 1,000 kilograms of rice
Article 4: The bond certificate shall bear the name of the purchaser.
Article 5: The national bond will earn an annual interest rate of 3% calculated in terms of the amount of rice recorded on the certificate.
Article 6: The principal will be repaid after five years from the date of purchase of the national bond.
In addition, one percent of the total bonds sold each year will be set aside as a prize to be distributed among purchasers through a lottery system.
Article 7: A decree issued by the Minister of Finance shall provide detailed regulations for issuing the national bond.
Article 8: Any person who issues or engages in acts that destroy national bonds will be prosecuted before military courts.
Article 9: The Minister of Finance is responsible for implementing this decree-law.
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Ho Chi Minh (Signed) |
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