Decision No. 593 TC/KBNN suspends the issuance of Treasury bonds with a three-year term in thirty provinces and cities from 4:30 PM on June 19, 1995. This decision aims to adjust state financial activities.
Scope of application
General Director of State Treasury, units under the Ministry of Finance, and Directors of State Treasuries in provinces and cities issuing three-year bonds
Key points
- Suspend the issuance of Treasury bonds with a three-year term from 4:30 PM on June 19, 1995 (Article 1)
- The General Director of State Treasury and related units must implement this decision (Article 2)
- This Decision applies to thirty provinces and cities issuing three-year bonds
- Based on Decree No. 178/CP, Decree No. 25/CP, and Decree No. 72/CP of the Government
- The Minister of Finance issues this decision based on a proposal by the General Director of State Treasury
🌐 Social impact of this document
- To adjust state financial activities
- Suspending bond issuance may affect organizations and individuals investing in such bonds
- Provinces and cities will need to seek alternative methods for raising capital
❓ Frequently asked questions
When did Decision No. 593 TC/KBNN suspend the issuance of Treasury bonds with a three-year term?
From 4:30 PM on June 19, 1995
To which provinces and cities does this decision apply?
Applies to thirty provinces and cities issuing three-year bonds
On what legal basis was Decision No. 593 TC/KBNN issued?
Decree No. 178/CP, Decree No. 25/CP, and Decree No. 72/CP of the Government
Who is responsible for implementing this decision?
The General Director of State Treasury and related units
Full text
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MINISTRY OF FINANCE |
SOCIALIST REPUBLIC OF VIET NAM |
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No.: 593-TC/KBNN |
Hanoi, June 10, 1995 |
DECISION
OF THE MINISTER OF FINANCE NO. 593 TC/KBNN
JUNE 10, 1995 ON SUSPENDING THE ISSUE OF TREASURY BILLS WITH A THREE-YEAR MATURITY PERIOD
THE MINISTER OF FINANCE
- Pursuant to the Government Decree No. 178/CP dated October 28, 1994 on tasks, powers and organizational structure of the Ministry of Finance;
- Pursuant to the Government Decree No. 25/CP dated April 5, 1995 on tasks, powers and organizational structure of the State Treasury under the Ministry of Finance;
- Pursuant to the Government Decree No. 72/CP dated July 26, 1994 on issuance regulations for government bonds;
Upon the proposal of the General Director of the State Treasury,
DECIDES
Article 1.- To suspend the issue of treasury bills with a three-year maturity period as decided by Decision No. 433 TC/KBNN dated May 28, 1994 of the Minister of Finance in thirty provinces and cities where such bonds are currently being issued from 16:30 on June 19, 1995.
Article 2.- The General Director of the State Treasury, heads of units under the Ministry of Finance, and directors of treasuries in provinces and cities issuing three-year maturity treasury bills are responsible for implementing this Decision.
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Le Thi Bang Tam (Signed) |
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