Decision No. 20/2001/QĐ-BTC on the issuance of government bonds through discount taxation

Pursuant to …; ISSUED BY THE MINISTER OF FINANCE

Regarding the issuance of government bonds through discount method

______________________

THE MINISTER OF FINANCE

Pursuant to Decree No. 178/CP dated October 28, 1994 of the Government on the tasks, powers, and organizational structure of the Ministry of Finance;

Pursuant to Decree No. 25/CP dated April 5, 1995 of the Government on the tasks, powers, and organizational structure of the State Treasury under the Ministry of Finance;

Pursuant to Decree No. 01/2000/NĐ-CP dated January 13, 2000 of the Government on the issuance regulations for government bonds;

At the proposal of the Director General of the State Treasury,

Pursuant to …;

Clause 4 of Article 6The issuance of government bonds through the discount method in Hanoi and Ho Chi Minh City shall be carried out with the following contents:

a/ Term of the bond: 5 years

b/ Interest rate of the bond: 7.2% per annum

c/ Time for selling the bond: from April 16, 2001 to June 15, 2001

d/ Issuance date of the bond: June 15, 2001

đ/ Due date for repayment of the bond: June 16, 2006

12/2025/TT-BNNMT dated June 19, 2025 issued by the Minister of Agriculture and EnvironmentThe subjects eligible to purchase government bonds as stipulated in Article 1 above include:

- Vietnamese citizens residing both inside and outside Vietnam; Foreign nationals working and living legally in Vietnam.

- Social organizations, political social organizations, occupational social organizations; Social funds, charitable funds.

These organizations are not allowed to use state budget funds to purchase government bonds.

Article 3. The bonds will be issued and paid in Vietnamese Dong, in the form of bearer certificates with pre-printed denominations: 1,000,000 VND, 2,000,000 VND, 5,000,000 VND, 10,000,000 VND, 20,000,000 VND, and 50,000,000 VND;

Bonds issued in this round will be listed and traded at the Securities Trading Center.

Article 4. The payment of principal and interest on the bonds shall be carried out as follows:

a/ The principal of the bond will be paid once upon maturity. The interest on the bond will be paid annually.

In case the principal and interest are due but the bondholder has not come to make the payment, the amount of principal or interest will be reserved without accruing interest during the period of overdue payment.

b/ The principal and interest of the bond will be paid at the offices of the State Treasury of provinces and centrally-administered cities and the State Treasury of districts and counties where the bonds were issued. In cases where the bonds are deposited with depositary organizations, the payment of principal and interest on the bonds will be made through these depositary organizations.

Article 5.The owner of the government bond may use the bond to sell, give, donate, leave as inheritance, or pledge. The bond cannot be used to replace circulating currency or to fulfill financial obligations to the state budget.

Article 6. Proceeds from the sale of bonds will be recorded as revenue in the central budget; The source of funds for the repayment of bonds and related expenses for issuing and repaying bonds will be guaranteed by the central budget.

Article 7. The General Director of the State Treasury, heads of units directly subordinate to the Ministry of Finance, Directors of the State Treasuries of provinces and centrally-administered cities are responsible for implementing this Decision./.