Legal Counselling

Vietnam: How are government debt instruments trading members classified?

09:09, 02/06/2019

This content is specified in Circular No. 30/2019/TT-BTC of the Ministry of Finance of Vietnam providing guidance on registration, depositing, listing, trading and settlement of government debt instruments, government-guaranteed bonds issued by banks for social policies and municipal bonds.

According to Circular No. 30/2019/TT-BTC of the Ministry of Finance of Vietnam, there are 02 types of trading members, including normal trading members and special trading members, on debt instruments market in the Stock Exchange.

- Normal trading members are securities companies approved by the Stock Exchange to become trading members. Normal trading members are allowed to render brokerage service and practice proprietary trading of debt instruments on the Stock Exchange.

- Special trading members are commercial banks and their branches approved by the Stock Exchange to become trading members. Special trading members are allowed to make their purchase and selling of debt instruments on the Stock Exchange only.

View standards of trading members at Circular No. 30/2019/TT-BTC of the Ministry of Finance of Vietnam, effective from July 15, 2019.

- Thanh Lam -

>> CLICK HERE TO READ THIS ARTICLE IN VIETNAMESE

6 lượt xem

- This English translation is for reference purposes only and not a definitive translation of the original Vietnamese texts;
- Articles may be compiled from a variety of sources;
- Applicable Terms may have expired at the time you are reading;
- If you have any questions about the copyright of the article, please contact us via email banquyen@lawnet.vn