Decision No. 960-TC/KBNN of the Minister of Finance stipulates the issuance of registered Treasury bonds with an annual interest rate of 21%, applicable at State Treasury units in certain provinces/cities. The minimum face value is 100,000 VND and principal and interest will be paid upon maturity.
적용 범위
Director of the State Treasury; Heads of agencies under the Ministry of Finance; Directors of State Treasuries in provinces/cities; bond purchasers.
핵심 사항
- The Ministry of Finance issues registered Treasury bonds with an annual interest rate of 21% at State Treasury units according to the list attached to this decision.
- The minimum face value of a registered Treasury bond is 100,000 VND (one hundred thousand VND), with no maximum limit.
- Registered bonds are paid off once for principal and interest when due (after 12 months); ownership transfer procedures can be processed at the State Treasury where the bond was issued.
- Management, issuance, and payment of bonds; rights of bond purchasers shall be implemented in accordance with Circular No. 75-TC/KBNN dated September 14, 1994, and Decision No. 141 TC/KBNN dated February 22, 1995 of the Ministry of Finance.
- This Decision takes effect from October 1, 1995.
🌐 이 문서의 사회적 영향
- Positive impact: Creates additional channels for capital mobilization for the State Treasury, increases working capital.
- Negative impact: May exert pressure on management and payment for bond issuing units.
❓ 자주 묻는 질문
What is the interest rate of registered Treasury bonds?
The interest rate of registered Treasury bonds is 21% annually.
What is the minimum face value of a registered Treasury bond?
The minimum face value of a registered Treasury bond is 100,000 VND (one hundred thousand VND).
When are the principal and interest of the bond paid?
Registered bonds are paid off once for principal and interest when due (after 12 months).
Can bond purchasers transfer ownership?
Yes, registered bonds can have ownership transfer procedures processed at the State Treasury where the bond was issued.
When does this Decision take effect?
This Decision takes effect from October 1, 1995.
전문
Pursuant to …;
OF THE MINISTER OF FINANCE NUMBER 960-TC/KBNN
AUGUST 26, 1995
REGARDING THE ISSUE OF REGISTERED TREASURY BONDS
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 on the tasks, powers, and organizational structure of the State Treasury under the Ministry of Finance;
Pursuant to Decree No. 72/CP dated July 26, 1995 of the Government on the issuance regulations for government bonds;
At the proposal of the General Director of the State Treasury;
DECISION:
Article 1:
Issue registered treasury bonds without pre-printed face value, with a term of one year and an annual interest rate of 21% at State Treasury units according to the list attached to this decision.
Article 2:
The minimum face value of a registered treasury bond is 100,000 VND (one hundred thousand dong), with no maximum limit.
Article 3:
Registered bonds shall be paid off once upon maturity (after 12 months) for both principal and interest; they may be transferred through procedures at the State Treasury where the bonds were issued.
Article 4:
The organization and management of bond issuance and payment, as well as the rights of bondholders, shall be carried out in accordance with Circular No. 75-TC/KBNN dated September 14, 1994 and Decision No. 141 TC/KBNN dated February 22, 1995 of the Ministry of Finance.
Article 5:
This decision takes effect from October 1, 1995. The General Director of the State Treasury, heads of agencies under the Ministry of Finance assigned to issue bonds, directors of State Treasuries in provinces and cities, and other relevant units are responsible for implementing this decision.
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DEPUTY MINISTER OF FINANCE
(Signed)
Le Thi Bang Tam
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LIST OF PROVINCES AND CITIES
ISSUING REGISTERED BONDS
(Attached to Decision No. 960-TC/KBNN
August 26, 1995 of the Minister of Finance)
1. Hanoi 18. Thanh Hoa
2. Hai Phong 19. Nghe An
3. Quang Ninh 20. Ha Tinh
4. Lang Son 21. Quang Binh
5. Tuyen Quang 22. Quang Tri
6. Lao Cai 23. Thua Thien-Hue
7. Yen Bai 24. Quang Nam-Da Nang
8. Lai Chau 25. Binh Dinh
9. Hoa Binh 26. Khanh Hoa
10. Bac Thai 27. Dong Nai
11. Vinh Phuc 28. Song Be
12. Ha Bac 29. Tien Giang
13. Ha Tay 30. Can Tho
14. Hai Hung 31. Dong Thap
15. Thai Binh 32. Ba Ria-Vung Tau
16. Nam Ha 33. Ho Chi Minh City
17. Ninh Binh
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