Decision No. 2476/QD-BTC On the issuance of government bonds denominated in foreign currency, third tranche in 2009

Pursuant to …;

On the issuance of the third tranche of foreign currency-denominated government bonds in 2009

THE MINISTER OF FINANCE

Pursuant to the Foreign Exchange Decree dated December 13, 2005;
Pursuant to Decree No. 118/2008/NĐ-CP dated November 27, 2008 of the Government stipulating the functions, tasks, powers, and organizational structure of the Ministry of Finance;
Pursuant to Decree No. 141/2003/NĐ-CP dated November 20, 2003 of the Government on the issuance of government bonds, government-guaranteed bonds, and local government bonds;
Pursuant to Decision No. 211/QĐ-TTg dated February 13, 2009 of the Prime Minister on the issuance of foreign currency-denominated government bonds on the domestic capital market;
At the proposal of the Director of the Department of Banking and Financial Institutions Finance and the General Director of the State Treasury,

Pursuant to …;

Article 1. The issuance of foreign currency-denominated government bonds for the third tranche in 2009 for investment in key projects and to offset the budget deficit of the State budget shall be carried out as follows:

1. Bonds will be issued, listed, traded, and settled in United States Dollars (USD).

2. Volume and term of bonds

- Type of bond with a term of 1 year: 200 million USD.

3. Face value of the bond: 100 USD per bond or multiples thereof.

4. Issuance period: from October 10, 2009 to October 20, 2009.

5. Issuance method: guaranteed issuance.

6. Guarantor entities: guarantors of government bond issuance according to the list of guarantors issued together with Decision No. 271/QĐ-BTC dated February 11, 2009 of the Ministry of Finance.

7. Form of bond: book-entry form.

8. Interest rate of the bond:

- Fixed interest rate applicable throughout the term.

- Ceiling interest rate: to be determined by the Minister of Finance.

9. Method of principal and interest payment of the bond:

- Bond interest will be paid annually on the issue date.

- Principal of the bond will be repaid at par value upon maturity.

10. Some information about the bond

- Bonds will be listed and traded on the Hanoi Stock Exchange.

- Bondholders may transfer, gift, inherit, or use them as collateral in credit relationships... in accordance with the provisions of the law.

- Bondholders must declare and pay taxes on bond interest in accordance with current laws.

11. The State budget guarantees the source of principal and interest payments for the bonds upon maturity.

Article 2. The General Director of the State Treasury is assigned to organize the issuance of foreign currency-denominated government bonds according to the funding needs of key projects and the expenditure requirements of the State budget.

Article 3. The Chairman of the Securities Commission is assigned to guide the listing, trading, and custody of foreign currency-denominated government bonds.

Article 4. This Decision shall take effect from the date of signing.

The General Director of the State Treasury, the Chairman of the Securities Commission, the Director of the Department of Banking and Financial Institutions Finance, and the heads of relevant units under and affiliated with the Ministry of Finance are responsible for implementing this Decision.