04/03/2024 14:21

What is bill? What are vtv2 trực tiếp bóng đá hôm nay places to purchase Treasury bills in Vietnam?

What is bill? What are vtv2 trực tiếp bóng đá hôm nay places to purchase Treasury bills in Vietnam?

What is bill? What are vtv2 trực tiếp bóng đá hôm nay places to purchase Treasury bills in Vietnam? Mr. Chi Vu (Quang Nam).

Hello, Lawnet would like to answer as follows:

1. What is bill?

Current law does not have specific regulations on vtv2 trực tiếp bóng đá hôm nay definition of bills. However, bill can be considered bill issued by State Bank of Vietnam or Vietnam State Treasury.

There are currently two common types of treasury bills:

- State Bank of Vietnam bill means a short-term financial instrument issued by vtv2 trực tiếp bóng đá hôm nay SBV for vtv2 trực tiếp bóng đá hôm nay purpose of implementing vtv2 trực tiếp bóng đá hôm nay national monetary policy (Article 3Circular 16/2019/TT-NHNN).

- Treasury bill means a debt instrument issued by Vietnam State Treasury for a term of up to 52 weeks. (Article 3 of vtv2 trực tiếp bóng đá hôm nayLaw on Public Debt Management 2017)

2. What are vtv2 trực tiếp bóng đá hôm nay places to purchase Treasury bills in Vietnam?

According to Article 13 ofDecree No. 95/2018/ND-CP(amended by Clause 2, Article 2 ofDecree No. 83/2023/ND-CP), regulations on Registration, depositing, listing and trading of treasury bills are as follows:

- Treasury bills issued through bidding shall be registered, deposited, listed and traded in accordance with regulations on registration, depositing, listing and trading of government bonds.

- Treasury bills issued directly to vtv2 trực tiếp bóng đá hôm nay SBV shall be registered and deposited at vtv2 trực tiếp bóng đá hôm nay Vietnam Securities Depository and Clearing Corporation, and listed at vtv2 trực tiếp bóng đá hôm nay Stock Exchange at vtv2 trực tiếp bóng đá hôm nay request of vtv2 trực tiếp bóng đá hôm nay SBV and vtv2 trực tiếp bóng đá hôm nay State Treasury.

In addition, Clause 6, Article 11 ofDecree No. 95/2018/ND-CPstipulates 02 methods of issuing treasury bills as follows:

Method 1: Bidding for issuance of treasury bills

- Bidding principles:

+ A bidder’s bid information must be kept secret.

+ Bidders shall have their rights and obligations ensured openly and impartially.

- Bidding forms:

+ Competitive bid; or

+ Combination of competitive bid and non-competitive bid. If a bid session is conducted in this form, total amount of bonds offered to non-competitive bidders shall not exceed 30% of total amount of bonds offered in that bid session.

- Bidding results shall be determined by adopting either vtv2 trực tiếp bóng đá hôm nay fixed-rate tender method or vtv2 trực tiếp bóng đá hôm nay variable-rate tender method.

- vtv2 trực tiếp bóng đá hôm nay issuer shall directly organize bidding for issuance of treasury bills or organize bidding via vtv2 trực tiếp bóng đá hôm nay Operations Center of vtv2 trực tiếp bóng đá hôm nay SBV in accordance with regulations of vtv2 trực tiếp bóng đá hôm nay Ministry of Finance.

Method 2: Issuance of treasury bills directly to vtv2 trực tiếp bóng đá hôm nay SBV in accordance with regulations in Article 12 ofDecree No. 95/2018/ND-CP

Thus, people may now purchase treasury bills at vtv2 trực tiếp bóng đá hôm nay Stock Exchange at vtv2 trực tiếp bóng đá hôm nay request of vtv2 trực tiếp bóng đá hôm nay State Bank of Vietnam and vtv2 trực tiếp bóng đá hôm nay State Treasury, or at vtv2 trực tiếp bóng đá hôm nay Operations Center of vtv2 trực tiếp bóng đá hôm nay SBV.

3. Current regulations onDebt instruments of vtv2 trực tiếp bóng đá hôm nay Government in Vietnam

According to Article 27 of vtv2 trực tiếp bóng đá hôm nayLaw on Public Debt Management 2017, vtv2 trực tiếp bóng đá hôm nay Debt instruments of vtv2 trực tiếp bóng đá hôm nay Government issued in vtv2 trực tiếp bóng đá hôm nay domestic capital market include:

- Sovereign bonds;

- Treasury bills;

- Development bonds.

According to an annual public borrowing and repayment plan, vtv2 trực tiếp bóng đá hôm nay Ministry of Finance shall issue debt instruments of vtv2 trực tiếp bóng đá hôm nay Government.

vtv2 trực tiếp bóng đá hôm nay process for issuing debt instruments shall be through bidding, underwriting or private placement.

Total vtv2 trực tiếp bóng đá hôm nay Government loans shall be included in vtv2 trực tiếp bóng đá hôm nay central budget. vtv2 trực tiếp bóng đá hôm nay Government must set aside an enough sum of money to repay principal, interests, and other related expenses on a due debt.

vtv2 trực tiếp bóng đá hôm nay Government sets forth issues, registration, deposit, listing and dealings of debt instruments of vtv2 trực tiếp bóng đá hôm nay Government in vtv2 trực tiếp bóng đá hôm nay securities market.

Best regards!

Do Minh Hieu
103


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