Document from CIS Legislation database © 2003-2019 SojuzPravoInform LLC

ORDER OF THE GOVERNMENT OF THE REPUBLIC OF TAJIKISTAN

of December 31, 2008 No. 669

About release into the stream of commerce of bonds of the State internal premium bonds of the Republic of Tajikistan of 2009

According to article 5 of the Law of the Republic of Tajikistan "About the state and guaranteed by the state borrowing and debt", for ensuring safety and profitability of savings of the population, attraction of financial resources of physical persons and legal entities to the budget and financial sphere the Government of the Republic of Tajikistan decides:

1. To the Ministry of Finance of the Republic of Tajikistan:

- since March 1, 2009 to provide to the population payment of prizes on bonds of the State internal premium bonds of 2002 and the redemption from the population of bonds of the State internal premium bonds of release of 2002 of the Republic of Tajikistan at the expense of the means of the republican budget provided for domestic debt service;

- since March 1, 2009 instead of bonds of the State internal premium bonds of the Republic of Tajikistan of 2002 to issue bonds of the State internal premium bonds of the Republic of Tajikistan of 2009 on the amount of 10 (ten) million somoni for a period of 10 years.

2. Approve the enclosed Rules of release and the circulation of bonds of the State internal premium bonds of the Republic of Tajikistan of 2009.

3. To determine government savings bank of the Republic of Tajikistan of Amonatbonk the storage, placement agent and servicing of bonds of the State internal premium bonds of the Republic of Tajikistan of 2009.

4. Determine that bondholders of the State internal premium bonds of release of 2002 at discretion for exchange of bonds of release of 2002 for bonds of the State internal premium bonds of 2009 or for receipt of nominal value of bonds of release of 2002 can show the bonds in Government savings bank of the Republic of Tajikistan of Amonatbonk.

5. Money from implementation of Bonds of the State internal premium bonds of the Republic of Tajikistan of 2009 is allocated in the republican budget.

6. To committee on television and broadcasting under the Government of the Republic of Tajikistan, to the editorial offices of the Chumkhuriyat, Sadoi mardum and Narodnaya gazeta newspapers to provide on free basis of explanation of the purposes and conditions of bond issue of the State internal premium bonds of the Republic of Tajikistan of 2009.

 

Prime Minister

Republic of Tajikistan Emomalii Rahmon

Approved by the Order of the Government of the Republic of Tajikistan of December 31, 2008 No. 669

Rules of bond issue of the State internal premium bonds of the Republic of Tajikistan of 2009

1. Bonds of the State internal premium bonds of the Republic of Tajikistan of 2009 (further Bonds of loan) are issued for a period of 10 years from March 1, 2009 to March 1, 2019.

2. Conditions of placement and procedure for carrying out circulations of prizes it is determined by the Ministry of Finance of the Republic of Tajikistan together with Government savings bank of the Republic of Tajikistan of Amonatbonk and drawn up by the relevant agreement.

3. Bonds of loan of 2009 are freely on sale and bought by all organizations of Government savings bank of the Republic of Tajikistan of Amonatbonk.

4. Bonds of loan of 2009 are issued by separate categories on 5 million somoni in each category.

Each category consists of 5000 series from number 0001 on 5000.

Bonds of loan in each series have numbers with 001 on 100. Bonds of loan have the documentary form of release.

5. Bonds of loan of 2009 - are issued by advantage of 10 and 20 somoni.

Bonds of loan advantage of 20 somoni consist of the documentary bond of loan, with series and two numbers.

6. The income on bonds of loan is paid in the form of prizes.

Total amount of prizes for the entire period of action of the bond of loan is determined on average at the rate of 12 percent a year.

During effective period of the bond of loan wins 58 percent of bonds, other 42 percent of bonds after the term are redeemed on their nominal value.

Advantageous bonds of loan are settled and excluded from the subsequent circulations.

7. Prizes of bonds in the amount of 1500, of 1000, of 500, of 300, of 200, of 100, of 40 and 20 somoni are determined for bonds worth 10 somoni, including its nominal value.

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