Chapter IV
RESPONSIBILITIES AND RIGHTS OF REGULATORY AUTHORITIES
Article 36. Ministry of Finance
1. Provide guidance on issuance, trading, repurchase, swap and payment of government debt instruments, and relevant costs; and guidelines for issuance of government bonds for ensuring the market liquidity as requested by market makers in accordance with regulations herein.
2. Take charge of formulating schemes for issuance of national development bonds, schemes for issuance of green bonds, and schemes for issuance of international bonds, and submit them to competent authorities for approval.
3. Decide the bracket of interest rates on government debt instruments issued in the domestic market.
4. Organize the issuance of government debt instruments and international bonds in accordance with regulations herein.
5. Select and announce the list of qualified market makers in accordance with regulations herein.
6. Restructure the list of government debt instruments by means of repurchase or swap of government debt instruments.
7. Take charge and cooperate with relevant authorities in collecting and providing necessary information and documents for consulting organizations and credit rating agencies to evaluate and grant the sovereign credit rating and credit rating for international bonds to be issued.
8. Consolidate, manage and comply with policies on information publishing and reporting on issuance of government debt instruments.
Article 37. State Bank of Vietnam
1. Cooperate with the Ministry of Finance in organizing the issuance of treasury bills in accordance with regulations herein.
2. Provide guidance on classification of debts and credit risk provisions for credit institutions that enter into repos and sell/buy back transactions of government bonds on the securities market in accordance with regulations herein.
3. Cooperate with the Ministry of Finance in formulating and implementing schemes for issuance of international bonds.
4. Provide managed data and documents concerning the management of foreign exchanges, balance of international payments , policies on currency, credit and interest rates to serve the evaluation of sovereign credit rating and issuance of international bonds.
Article 38. Ministry of Justice
Provide legal advices on each issue of international bonds in accordance with applicable laws.
Article 39. Ministry of Planning and Investment
1. Cooperate with the Ministry of Finance in formulating and implementing schemes for issuance of international bonds.
2. Provide managed data and documents concerning macroeconomic management at the request of the Ministry of Finance and cooperate it in contacting credit rating agencies to obtain a certification of the sovereign credit rating and prepare the issuance of international bonds.
3. Cooperate with the Ministry of Finance in formulating schemes for issuance of green bonds and select investment projects using funds from green bonds from the approved list of projects eligible for public investment funds.
Article 40. Relevant ministries
Provide managed data and documents at the request of the Ministry of Finance and cooperate it in contacting credit rating agencies to obtain a certification of the sovereign credit rating and prepare the issuance of international bonds in accordance with regulations of Chapter III herein.
Article 41. State Treasury
1. Organize the issuance and payment of principals and interests of government debt instruments issued in the domestic market in accordance with regulations herein.
2. Do accounting works regarding the issuance and payment of principals and interests of government debt instruments, and conduct operations for assisting market makers in the domestic market in accordance with regulations herein.
3. Organize the repurchase and swap of government debt instruments in the domestic market in accordance with regulations herein.
Tìm kiếm
Nghị định 95/2018/NĐ-CP (Bản Word)
Nghị định 95/2018/NĐ-CP (Bản Pdf)
