Title of Vietnamese legal document translated into English: Subjects Eligible to Purchase Valuable Papers (Promissory Notes, Treasury Bills, Certificates of Deposit, Bonds)
Article 4 Circular 01/2021/TT-NHNN stipulates the entities to purchase negotiable instruments as follows:
- Entities purchasing negotiable instruments include organizations (including credit institutions, foreign bank branches), Vietnamese individuals, and foreign organizations and individuals, except as stipulated in Clauses 2 and 3 of this Article.
- Entities purchasing negotiable instruments issued by finance companies and financial leasing companies are Vietnamese organizations and foreign organizations.
- Entities purchasing bonds must comply with the Securities Law, guiding documents of the Securities Law, and relevant legal provisions.
Sincerely!
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