In furtherance of Circular No. 115/1999/TT-BTC of September 24, 1999 of the Ministry of Finance guiding the Government bonds purchase and sale between eligible organizations licensed for bond trading and organizations as well as individuals;

Following Circular No. 80/1999/TT-BTC of June 29, 1999 guiding the management of precious and rare assets and valuable certificates deposited and preserved at the State Treasuries, the Ministry of Finance hereby provides additional guidance on the State Treasuries� reception and preservation of national construction bonds of organizations licensed for bond trading as follows:

1. The State Treasuries shall undertake the preservation of national construction bonds of organizations licensed for bond trading, which have been purchased from organizations and individuals as prescribed in Circular No. 115/1999/TT-BTC of September 24, 1999 of the Ministry of Finance and collect the preservation charge at the monthly rate equal to 0.04% of the par values inscribed on the bonds. The maximum collection level for one deposit shall be 400,000 VND/1 month.

The forms of undertaking the preservation, delivery and reception order and responsibilities of the parties in the delivery, reception and preservation of such bonds shall comply with the provisions of Circular No. 80/1999/TT-BTC of June 29, 1999 of the Ministry of Finance and detailed guidance of the Central State Treasury.

2. For the bonds directly bought by different subjects at the State Treasuries during the 1999 issuance drive, if they need to be deposited at the State Treasuries, they shall be entitled to free of charge preservation provided by the State Treasuries in strict accordance with the provisions at Point 2.3, Section III, Circular No. 56/1999/TT-BTC of May 12, 1999 of the Ministry of Finance.

3. This Circular takes effect 15 days after its signing. The heads of organizations licensed for national construction bond trading which have bonds deposited and preserved at the State Treasuries, the heads of financial bodies and State Treasuries at various levels shall have to implement this Circular.

In the course of implementation, any arising difficulties or problems should be reported to the Ministry of Finance for uniform settlement.

For the Minister of Finance
Vice-Minister
VU VAN NINH