What are eligibility requirements to be satisfied by a lead underwriter regarding issuance trực tiếp bóng đá hôm nay government bonds through underwriting in Vietnam?

What are eligibility requirements to be satisfied by a lead underwriter regarding issuance trực tiếp bóng đá hôm nay government bonds through underwriting in Vietnam?

Pursuant to Clause 2 Article 16 trực tiếp bóng đá hôm nay the Decree 95/2018/NĐ-CP stipulating eligibility requirements to be satisfied by a lead underwriter regarding issuance trực tiếp bóng đá hôm nay government bonds through underwriting in Vietnam as follows:

2. Eligibility requirements to be satisfied by a lead underwriter:

a) It must be a financial institution that is duly established and operating in Vietnam, and licensed to provide securities underwriting as regulated by laws.

b) It must have experience in providing securities underwriting;

c) It must have a feasible underwriting plan which meets the needs trực tiếp bóng đá hôm nay the issuer in each issue.

What are regulations on process trực tiếp bóng đá hôm nay issuing government bonds through underwriting in Vietnam?

Pursuant to Clause 3 Article 16 trực tiếp bóng đá hôm nay the Decree 95/2018/NĐ-CP stipulating process trực tiếp bóng đá hôm nay issuing government bonds through underwriting in Vietnam as follows:

3. Process trực tiếp bóng đá hôm nay issuing bonds through underwriting:

a) Based on underwriting requirements for each bond issue and requirements applicable to lead underwriters set forth in Clause 2 trực tiếp bóng đá hôm nay this Article, the State Treasury shall select qualified organization(s) to act as the lead underwriter or co-lead underwriters for a bond issue. The lead underwriter (or co-lead underwriters) shall select qualified entities to participate in the underwriting syndicate, and submit the list trực tiếp bóng đá hôm nay selected syndicate participants to the State Treasury for consideration.

b) The State Treasury shall provide necessary information concerning the bond issue for the lead underwriter (or co-lead underwriters) and the syndicate participants who will take charge trực tiếp bóng đá hôm nay seeking potential investors. Information to be provided includes: planned quantity and term trực tiếp bóng đá hôm nay bonds to be issued, interest rate for each bond term, and issuance date.

c) The lead underwriter (or co-lead underwriters) and the syndicate participants shall prepare a consolidated report on the needs trực tiếp bóng đá hôm nay investors, including the planned quantity trực tiếp bóng đá hôm nay bonds to be purchased, the quantity trực tiếp bóng đá hôm nay bonds firmly purchased and expected interest rate for each bond term, and then submit it to the State Treasury.

d) The State Treasury shall carry out a negotiation with the lead underwriter (or co-lead underwriters) on the quantity, terms and conditions trực tiếp bóng đá hôm nay bonds (including bond term, interest rate, date trực tiếp bóng đá hôm nay issuance, date trực tiếp bóng đá hôm nay bond settlement, and bond prices), underwriting fee and relevant contents.

dd) Based on results trực tiếp bóng đá hôm nay the negotiation with the lead underwriter (or co-lead underwriters), the State Treasury shall enter into an underwriting agreement with the lead underwriter (or co-lead underwriters) for offering trực tiếp bóng đá hôm nay bonds. The signed underwriting agreement shall be the legal ground for determining rights and obligations trực tiếp bóng đá hôm nay the lead underwriter (or co-lead underwriters) and those trực tiếp bóng đá hôm nay the State Treasury.

e) The lead underwriter (or co-lead underwriters) and syndicate participants shall sell bonds as committed in the signed underwriting agreement. In case trực tiếp bóng đá hôm nay failure to sell all trực tiếp bóng đá hôm nay bonds trực tiếp bóng đá hôm nay an issue, the lead underwriter (or co-lead underwriters) and syndicate participants shall purchase the remaining quantity trực tiếp bóng đá hôm nay bonds.

g) Upon the end trực tiếp bóng đá hôm nay an underwritten bond issue, the State Treasury shall offer government bonds to investors whose names appear in the list trực tiếp bóng đá hôm nay bond buyers submitted by the lead underwriter (or co-lead underwriters).

What are procedures for private placement trực tiếp bóng đá hôm nay government bonds in Vietnam?

Pursuant to Article 17 trực tiếp bóng đá hôm nay the Decree 95/2018/NĐ-CP stipulating procedures for private placement trực tiếp bóng đá hôm nay government bonds in Vietnam as follows:

1. Private placement is a method trực tiếp bóng đá hôm nay offering trực tiếp bóng đá hôm nay government bonds directly to each buyer.

2. The State Treasury shall formulate the plan for private placement trực tiếp bóng đá hôm nay government bonds, and submit it to the Ministry trực tiếp bóng đá hôm nay Finance for approval. The plan for private placement trực tiếp bóng đá hôm nay government bonds includes the following contents:

a) Bond buyers;

b) Planned quantity trực tiếp bóng đá hôm nay bonds to be issued;

c) Bond term;

d) Planned interest rate;

dd) Planned issuance date.

3. Based on the plan for private placement given approved by the Ministry trực tiếp bóng đá hôm nay Finance, the State Treasury shall issue a decision on issuance trực tiếp bóng đá hôm nay bonds, and directly organize the issuance and make payment trực tiếp bóng đá hôm nay bond principal and interest in each issue.

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