Decision No. 62/2006/QD-NHNN Issuing the Regulation on Implementing Interest Rate Swap Transactions

Decision No. 62/2006/QD-NHNN of the State Bank of Vietnam issuing the Regulation on Implementing Interest Rate Swap Transactions replaces the previous Decision. This Regulation applies to banks and enterprises conducting interest rate swap transactions.

Số hiệu62/2006/QĐ-NHNN
Loại văn bảnDecision
Cơ quan ban hànhState Bank of Vietnam
Người kýNguyễn Đồng Tiến — Phó Thống đốc
Cập nhật29/06/2026
NgànhBanking
Lĩnh vựcUncategorized
Ngày ban hành29/12/2006
Ngày áp dụng27/01/2007
Ngày hết hiệu lực02/03/2015
Tình trạngExpired
✦ Tóm lược thông minh

Decision No. 62/2006/QD-NHNN of the State Bank of Vietnam issuing the Regulation on Implementing Interest Rate Swap Transactions replaces the previous Decision. This Regulation applies to banks and enterprises conducting interest rate swap transactions.

Đối tượng áp dụng

Commercial banks, joint venture banks, wholly foreign-owned banks, branches of foreign banks, and enterprises conducting interest rate swap transactions with banks.

Các điểm cốt lõi

  • Commercial banks, joint venture banks, wholly foreign-owned banks, branches of foreign banks, and enterprises conducting interest rate swap transactions with banks → are allowed to conduct interest rate swap transactions → without specific provisions regarding levels or thresholds.
  • Units under the State Bank of Vietnam, Governors of State Bank of Vietnam branches in provinces and centrally-administered cities, Chairmen of Boards of Directors and General Managers (Managers) of commercial banks, joint venture banks, and wholly foreign-owned banks, General Managers (Managers) of branches of foreign banks, Chairmen of Boards of Directors and General Managers (Managers) of enterprises → are responsible for implementing this Decision.
  • This Decision takes effect fifteen days from the date of publication in the Official Gazette and replaces Decision No. 1133/2003/QD-NHNN.
  • This Decision applies to banks and enterprises conducting interest rate swap transactions with banks → without specific provisions regarding levels or thresholds.
  • The State Bank of Vietnam → issues the Regulation on Implementing Interest Rate Swap Transactions.

🌐 Tác động xã hội từ văn bản này

  • Positive impact: Helps banks and enterprises flexibly adjust interest rates, optimize capital costs.
  • Negative impact: May cause difficulties for enterprises not familiar with interest rate swap transactions.

❓ Câu hỏi thường gặp

Who does this Decision apply to?

This Decision applies to commercial banks, joint venture banks, wholly foreign-owned banks, branches of foreign banks, and enterprises conducting interest rate swap transactions with banks.

When does this Decision take effect?

This Decision takes effect fifteen days from the date of publication in the Official Gazette.

Are there specific levels or thresholds for interest rate swap transactions?

No, this Decision does not specify specific levels or thresholds for interest rate swap transactions.

What decision does this Decision replace?

This Decision replaces Decision No. 1133/2003/QD-NHNN of the Governor of the State Bank of Vietnam on issuing the Regulation on Implementing Interest Rate Swap Transactions.

What must banks and enterprises do to comply with this Decision?

Commercial banks, joint venture banks, wholly foreign-owned banks, branches of foreign banks, and enterprises conducting interest rate swap transactions with banks need to be responsible for implementing this Decision.

Toàn văn

STATE BANK OF VIETNAM

SOCIALIST REPUBLIC OF VIET NAM
Independence – Freedom – Happiness

NUMBER: 62/2006/QĐ-NHNN
HA NOI, December 29, 2006

Pursuant to …;

ISSUING REGULATIONS ON THE IMPLEMENTATION OF INTEREST RATE SWAP TRANSACTIONS

__________________________

 

 GOVERNOR OF THE STATE BANK OF VIETNAM

BASED ON THE LAW ON THE STATE BANK OF VIETNAM 1997; THE LAW AMENDING AND SUPPLEMENTING CERTAIN PROVISIONS OF THE LAW ON THE STATE BANK OF VIETNAM 2003;

BASED ON THE LAW ON CREDIT ORGANIZATIONS 1997; THE LAW AMENDING AND SUPPLEMENTING CERTAIN PROVISIONS OF THE LAW ON CREDIT ORGANIZATIONS 2004;

BASED ON THE DECREE NO. 52/2003/NĐ-CP OF MAY 19, 2003 OF THE GOVERNMENT PROVIDING FOR THE FUNCTIONS, TASKS, POWERS AND ORGANIZATION STRUCTURE OF THE STATE BANK OF VIETNAM;

PURSUANT TO THE PROPOSAL OF THE HEAD OF THE MONETARY POLICY DEPARTMENT,

Pursuant to …;

Article 1. ATTACHED HERETO IS THE REGULATION ON THE IMPLEMENTATION OF INTEREST RATE SWAP TRANSACTIONS.

Article 2. THIS DECISION SHALL TAKE EFFECT FIFTEEN DAYS AFTER ITS PUBLICATION IN THE CONSTITUTED DOCUMENT AND SHALL REPLACE DECISION NO. 1133/2003/QĐ-NHNN OF SEPTEMBER 30, 2003 OF THE GOVERNOR OF THE STATE BANK OF VIETNAM ON THE ISSUANCE OF THE REGULATION ON THE IMPLEMENTATION OF INTEREST RATE SWAP TRANSACTIONS.

Article 3. THE HEAD OF THE OFFICE, THE HEAD OF THE MONETARY POLICY DEPARTMENT AND THE HEADS OF UNITS UNDER THE STATE BANK OF VIETNAM, THE GOVERNORS OF THE STATE BANK OF VIETNAM BRANCHES IN PROVINCES AND CENTRALLY-GOVERNED CITIES, THE CHAIRMEN OF THE BOARD OF MANAGEMENT AND THE GENERAL DIRECTORS (DIRECTORS) OF COMMERCIAL BANKS, JOINT-VENTURE BANKS AND FOREIGN BANKS WITH 100 PERCENT FOREIGN CAPITAL, THE CHIEF EXECUTIVES (DIRECTORS) OF FOREIGN BANK BRANCHES, THE CHAIRMEN OF THE BOARD OF MANAGEMENT AND THE GENERAL DIRECTORS (DIRECTORS) OF ENTERPRISES ENTERING INTO INTEREST RATE SWAP TRANSACTIONS WITH BANKS ARE RESPONSIBLE FOR ENFORCING THIS DECISION./.

DIRECTOR
DEPUTY DIRECTOR
(Signed)
Nguyen Dong Tien
Văn bản này đang được cập nhật văn bản gốc, vui lòng xem nội dung toàn văn và kiểm tra lại sau.

Tải văn bản

Văn bản này đang được cập nhật văn bản gốc, vui lòng xem nội dung toàn văn và kiểm tra lại sau.