Decision No. 71/2003/QĐ-BTC of the Minister of Finance suspends the issuance of Educational Treasury Bonds from May 18, 2003. Organizations and individuals who have registered to purchase but have not yet been able to purchase will continue to be served.
Key points
- Organizations and individuals shall not issue Educational Treasury Bonds from 16:30 on May 18, 2003
- The Director General of the State Treasury shall instruct provincial and municipal State Treasuries to continue serving those who have registered to purchase Educational Treasury Bonds but have not yet been able to purchase
- The Director General of the State Treasury shall guide the reporting of the results of the issuance of Educational Treasury Bonds and compile the results nationwide before June 10, 2003
🌐 Social impact of this document
- Citizens with a desire to purchase Educational Treasury Bonds will no longer have the opportunity to invest in this product from May 18, 2003
- Financial business organizations need to adjust their issuance and sale plans for treasury bonds
❓ Frequently asked questions
When does this decision take effect?
This decision takes effect from the date of signing, specifically May 16, 2003.
What will organizations and individuals who have registered to purchase Educational Treasury Bonds but have not yet been able to purchase be entitled to?
The Director General of the State Treasury instructs provincial and municipal State Treasuries to continue serving according to the requirements of the purchaser.
What are Educational Treasury Bonds?
Educational Treasury Bonds will not be issued from May 18, 2003, but specific information about this type of treasury bond is not mentioned in the document.
What responsibilities does the Director General of the State Treasury have?
The Director General of the State Treasury must instruct provincial and municipal State Treasuries to continue serving those who have registered to purchase Educational Treasury Bonds but have not yet been able to purchase and guide the reporting of the issuance results.
When is it necessary to report the results of the issuance of Educational Treasury Bonds?
State Treasury units must report the results of the issuance of Educational Treasury Bonds in their respective areas and compile the results nationwide before June 10, 2003.
Full text
Pursuant to …;
Regarding the suspension of the issuance of National Construction Bonds for 2003 - Educational Bonds
Educational Bonds
___________________
THE MINISTER OF FINANCE
Pursuant to Decree No. 178/CP dated October 28, 1994 of the Government stipulating the tasks, powers, and organizational structure of the State Treasury under the Ministry of Finance;
Pursuant to Decree No. 28/2003/ND-CP dated March 31, 2003 of the Government "Regulating the issuance of National Construction Bonds for 2003 - Educational Bonds";
At the proposal of the Director General of the State Treasury, the Head of the Financial Policy Department,
DECISION:
Article 1. The issuance of National Construction Bonds 2003 - Educational Bonds as prescribed in Decree No. 28/2003/ND-CP dated March 31, 2003 of the Government shall be suspended from 16:30 on May 18, 2003 in the 61 provinces and centrally governed cities.
For organizations and individuals who have registered their interest in purchasing Educational Bonds but have not yet had the opportunity to do so, the Director General of the State Treasury instructs the State Treasuries at the provincial and municipal levels to continue serving the needs of purchasers.
Article 2. The Director General of the State Treasury directs the units of the State Treasury to report the results of the issuance of Educational Bonds within their respective jurisdictions and to compile the national results, reporting to the Ministry of Finance for submission to the Government by June 10, 2003.
Article 3. This Decision takes effect from the date of signature. The Director General of the State Treasury, Heads of relevant units under and directly subordinate to the Ministry of Finance, Directors of Provincial Departments of Finance and Prices, and Directors of State Treasuries in the provinces and centrally governed cities are responsible for implementing this Decision./.
DEPUTY MINISTER
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