This is the content specified in Circular No. 100/2015/TT-BTC of the Ministry of Finance of Vietnam providing guidance on the issuance of municipal bonds in the domestic market.
After the Provincial-level People’s Council has granted approval for the scheme for issuance of municipal bonds as regulated in Clause 3 Article 6 of Circular No. 100/2015/TT-BTC of the Ministry of Finance of Vietnam, the Provincial-level People’s Committee shall submit the application for issuance of municipal bonds to the Ministry of Finance.
According to Vietnam’s regulations, when having demand for capital mobilization by issuance of municipal bonds to make investment in social - economic development projects which must be funded by provincial-government budget as regulated or projects capable of capital recovery in the province, the Provincial-level People’s Committee must formulate a scheme for issuance of municipal bonds for each budget year and submit it to the Provincial-level People’s Council for approval.
This is a content specified in Circular No. 100/2015/TT-BTC of the Ministry of Finance of Vietnam providing guidance on the issuance of municipal bonds in the domestic market.
On June 29, 2015, the Ministry of Finance of Vietnam issued Circular No. 100/2015/TT-BTC providing guidance on the issuance of municipal bonds in the domestic market.
Parent company: THU VIEN PHAP LUAT Ltd.
Editorial Director: Mr. Bui Tuong Vu - Tel. 028 3935 2079
P.702A , Centre Point, 106 Nguyen Van Troi, Ward 8, Phu Nhuan District, HCM City;