2

Cc Qun l n v Ti chnh i ngoi

B Ti chnh
Nc Cng ha x hi ch ngha
Vit Nam
28 Trn Hng o
Hon Kim, H ni
Vit Nam
in thoi: +84.4.2220.2828
Fax:
+84.4.2220.2868
Email: taichinhdoingoai@mof.gov.vn

Mc lc
Li ni u ...................................................................................................... 5
Phn I: Gii thiu chung
Cc k hiu v ch vit tt ............................................................................. 7
Phm vi............................................................................................................ 8
Phng php lun............................................................................................ 8
Ngun d liu.................................................................................................. 9
Phn II: S liu thng k
T gi p dng............................................................................................... 10
Bng s liu n cng ..................................................................................... 11
Cc biu .................................................................................................... 14
Phn III: Cc nh ngha................................................................................. 15

Li ni u
Vic thu thp, tng hp v cng khai thng tin v n cng c quy nh ti Ngh nh s 79/2010/
N-CP ngy 14/07/2010 ca Chnh ph v Nghip v qun l n cng. y l Bn tin v n cng
c pht hnh nhm thc hin cc quy nh v Cng b thng tin v n cng ti Ngh nh ni trn.
Bn tin thng k ny bo co v tnh hnh n cng ca Vit Nam. Bn tin c xut bn 6 thng
mt ln, tr l 6 thng.
Thng tin v n cng do Cc Qun l n v Ti chnh i ngoi, B Ti chnh Vit Nam tng hp
v bin son t ngun s liu ca cc n v c lin quan (V Ngn sch Nh nc, V Ti chnh ngn
hng, Kho bc Nh nc).
Bn tin ny bao gm cc bng v s liu n ti tng thi im, s liu n theo thi k trn thc t
cng nh d bo.
trnh s hiu sai v cc con s c a ra trong mi bng, cn thit phi hiu v nhn thc
r v phm vi s liu, s phn loi v cc nh ngha v cc thut ng k thut trong bn tin ny. Cc
thng tin s c nu c th trong phn Gii thiu chung.
Chng ti xin trn trng gii thiu vi c gi Bn tin s 2 v n cng ca Vit Nam giai on
2010-2012. S liu thng k ca nm 2011 c iu chnh sau khi quyt ton Ngn sch Nh nc
nm 2011 c Quc hi ph chun. S liu thng k nm 2012 c th s c chnh l sau khi quyt
ton Ngn sch Nh nc. Ban bin tp rt mong nhn c cc kin nhn xt, ng gp tip tc
hon thin trong cc s xut bn tip theo.
Cc kin nhn xt, ng gp xin gi v:
Cc Qun l n v Ti chnh i ngoi - B Ti chnh
28 Trn Hng o, H ni,
in thoi: +84.4.2220.2828
Fax: +84.4.2220.2868
Email: taichinhdoingoai@mof.gov.vn

TRNG BAN BIN TP

Nguyn Thnh
Cc trng
Cc Qun l n v Ti chnh i ngoi
B Ti chnh

10.2013

PHN i: GII THIU CHUNG

Bn tin N cng l

s 02

PHN I
GII THIU CHUNG
Cc k hiu v ch vit tt
Ngi cho vay/Nh ti tr
ADB

Ngn hng pht trin chu

IDA

Hip hi Pht trin Quc t

IFAD

Qu pht trin Nng nghip quc t

IMF

Qu Tin t Quc t

NDF

Qy Pht trin Bc u

NIB

Ngn hng u t Bc u

OPEC

T chc cc nc xut khu du m

OFID

Qy OPEC cho Pht trin quc t

EIB

Ngn hng u t chu u

Tin t
AUD

la c

KWD

Dina C ot

CAD

la Canada

MYR

Ringit Malaisia

CHF

Phrng Thu S

NOK

Cua ron Na uy

CNY

Nhn dn t

NZD

la New Zealand

DKK

Cua ron an Mch

SDR

Quyn rt vn c bit

EUR

ng tin chung chu u

SEK

Cu ron Thu in

GBP

Bng Anh

SGD

la Singapore

INR

Ru pi n

THB

Bt Thi Lan

JPY

Yn Nht

USD

la M

KRW

Un Hn Quc

VND

ng Vit Nam

Cc k hiu khc:
MOF

B Ti chnh Vit Nam

DMEF

Cc Qun l n v Ti chnh i ngoi

DMFAS

H thng qun l n v phn tch ti chnh

BOP

Cn cn thanh ton

10.2013

PHN i: GII THIU CHUNG

Phm vi
Bn tin thng k n cung cp thng tin v
S liu v n ca chnh quyn a phng,
n cng ca Vit Nam, gm: n ca Chnh n nc ngoi ca doanh nghip t vay t tr,
khng c Chnh ph bo lnh cha c
ph, n c Chnh ph bo lnh.
tng hp trong Bn tin ln ny.

Phng php lun

Phng php tng hp s liu
S dng H thng qun l n v phn tch
ti chnh (DMFAS) ca Hi ngh v Thng
mi v Pht trin ca Lin Hp quc (UNCTAD), B Ti chnh bin tp s liu t cc
khon vay v cung cp cc bo co tng hp
v tng n nc ngoi ca Chnh ph Trung
ng, cc khon n c Chnh ph bo
lnh. i vi s liu n trong nc ca Chnh
ph v n ca Chnh quyn a phng c
tng hp t cc bo co thng k.

chuyn i bng cch s dng t gi chuyn

i ti thi im giao dch c thc hin.
T gi quy i c s dng cho cc giao
dch c cng b mt ln trong thng. T
gi quy i hng thng s c cng b vo
ngy 25 mi thng, c s dng cho thng
tip sau.
Phn loi

Cch phn loi n cng tun th theo quy

nh ca Lut Qun l n cng, ng thi
thng nht vi tiu chun quc t, nh c
Quy i v mt loi tin chung
gii thiu trong cun Thng k n cng:
to ra mt bng tm tt v n, d liu Hng dn cho ngi s dng1.
n cn phi c chuyn i v mt loi tin
Chnh sch iu chnh
chung, c th l ng la M (USD), hay
ng Vit Nam (VND). Vic chuyn i c
Cc s liu cc ct c k hiu ch (P)
thc hin nh sau:
mi ch l s tm thi, do s c s iu
- Cc s liu v n ti thi im nh l d chnh. iu ny l do vi mt s giao dch,
n c chuyn i bng cch s dng t gi 1
Ngn hng Thanh ton quc t, Phng th k ca Khi Thnh
chuyn i ti thi im cui k;
vng chung, Eurostat, Qu Tin t Quc t, T chc Hp tc v
- Cc s liu v n theo thi k nh s tr
n hay s rt vn trong mt thi k, s c
Bn tin N cng l

s 02

pht trin Kinh t (OECD), Phng th k Cu Lc b Paris, Hi

ngh v Thng mi v Pht trin ca Lin hp quc (UNCTAD)
v Ngn hng Th gii (2011), Thng k n cng: Hng dn cho
ngi s dng .

c bit l giao dch rt vn i khi nhn c

gii quyt vn ny, trong k bo co
thng bo mun hn 3 n 6 thng sau khi kt 6 thng sau , s c s iu chnh nhng s
thc k bo co. V do , s liu d n v liu ny, v ct s liu s c thm k hiu
rt vn c th khng phn nh ng tnh hnh (R), c ngha l iu chnh.
n thc t.

Ngun d liu
D liu n

- T gi;

Ngun cung cp thng tin chnh cho cc

- Li sut/li sut th ni dng chung, nh
bng s liu ny l d liu n cng ca Vit LIBOR, SIBOR, v.v
Nam do B Ti chnh qun l thng qua vic
T gi c p dng cho cc giao dch
s dng phn mm DMFAS v tng hp bo
hng ngy (rt vn v tr n) v/hoc cc s
co thng k.
liu thi im v d bo s liu thi k l t
D liu tham chiu
gi hch ton hng thng, c cng b vo
ngy 25 ca thng trc, s dng cho mc
D liu tham chiu hay cc thng tin chung ch hch ton ngn sch.
cn thit trong vic qun tr d liu n v/hoc
cc giao dch bao gm:

10.2013

10

PHN II: S LIU THNG K

PHN II
S LIU THNG K
T gi p dng
So vi 1 la M (USD)
Loi tin

Bn tin N cng l

Ngy
31/12/2010

31/12/2011

31/12/2012

AUD

1,03648

1,00634

0,95849

CAD

1,01750

1,03498

0,99280

CHF

0,99860

0,92281

0,92618

CNY

6,66681

6,37738

6,22660

DKK

5,68533

5,58470

5,73774

EUR

0,76103

0,75104

0,76924

GBP

0,64238

0,64354

0,62336

INR

45,72947

52,13784

54,5235

JPY

84,11979

77,91386

82,3241

KRW

1.148,78600

1.155,72220

1.096,21100

KWD

0,28110

0,27690

0,28145

MYR

3,15200

3,18186

3,03792

NOK

6,14500

5,89153

5,67365

NZD

1,34120

1,32377

1,21566

SDR

0,65540

0,64451

0,65154

SEK

6,96790

6,92971

6,65431

SGD

1,31710

1,30043

1,22000

THB

30,18976

31,28271

30,67452

VND

18.932,00000

20.803,00000

20.828,00000

s 02

11

Biu s 5.01

CC CH TIU V N CNG V N NC NGOI CA QUC GIA

Ch tiu

2010

2011

2012

N cng so vi tng sn phm quc dn (GDP) (%)

56,3

54,9

55,7

N nc ngoi ca quc gia so vi GDP (%)

42,2

41,5

41,1

3,4

3,5

3,5

44,6

43,2

43,3

157,9

162,0

172,0

17,6

15,6

14,6

5,5

6,7

9,8

2.000,0

3.500,0

3.500,0

Ngha v tr n nc ngoi trung, di hn ca quc

gia so vi tng kim ngch xut khu hng ho v dch
v (%)
D n chnh ph so vi GDP (%)

D n chnh ph so vi thu ngn sch (%)

Ngha v tr n ca Chnh ph so vi thu NSNN (%)

Ngha v n d phng so vi thu ngn sch (%)

Hn mc vay thng mi nc ngoi v bo lnh
vay nc ngoi ca Chnh ph (triu USD)

10.2013

12
12

PHN II: S LIU THNG K

Biu s 5.02

VAY V TR N CA CHNH PH
2010 2012
(Triu USD, t VND)
2010

2011

2012

USD

VND

USD

VND

USD

VND

46.978,07

889.388,73

52.529,01

1.092.761,48

61.031,96

1.277.173,14

N nc ngoi

28.008,30

530.253,02

32.032,50

666.372,68

34.872,20

726.317,61

N trong nc

18.969,77

359.135,71

20.496,51

426.388,80

26.159,76

550.855,53

11.423,99

210.952,73

10.029,65

204.452,76

13.548,72

282.179,18

N nc ngoi

4.677,89

85.959,33

3.835,25

78.588,66

4.446,32

92.605,78

N trong nc

6.746,10

124.993,40

6.194,40

125.864,10

9.102,40

189.573,40

4.702,80

87.104,50

5.184,76

110.633,53

6.703,03

133.778,39

N nc ngoi

1.125,58

20.843,37

1.288,83

26.185,79

1.418,86

29.549,62

N trong nc

3.577,22

66.261,13

3.895,93

84.447,74

5.284,17

104.228,77

3.379,16

62.601,58

3.818,22

78.449,86

4.029,27

83.457,82

N nc ngoi

718,11

13.312,70

800,03

16.277,75

880,88

18.345,50

N trong nc

2.661,05

49.288,88

3.018,19

62.172,11

3.148,39

65.112,32

1.323,65

24.502,92

1.366,53

32.183,67

2.673,75

50.320,56

N nc ngoi

407,48

7.530,67

488,80

9.908,04

537,98

11.204,12

N trong nc

916,17

16.972,25

877,73

22.275,63

2.135,77

39.116,44

D N (1)

RT VN TRONG K (2)

TNG TR N TRONG K (2)

Trong :
Tng tr n gc trong k

Tng tr li v ph trong k

(1)
(2)

p dng t gi quy i ti thi im cui k

p dng t gi quy i ti ngy pht sinh giao dch

Bn tin N cng l

s 02

13

Biu s 5.03

VAY V TR N C CHNH PH BO LNH

2010 2012
(Triu USD, t VND)
2010

2011

USD

VND

VND

USD

VND

11.935,00

225.953,42

13.862,17

288.374,75

16,454.02

342.704,30

N nc ngoi

4.732,97

89.604,65

5.611,41

116.734,15

7.229,82

150.582,72

N trong nc

7.202,03

136.348,77

8.250,76

171.640,60

9.224,20

192.121,58

3.896,81

72.378,45

3.896,55

82.204,72

5.058,08

105.345,49

N nc ngoi

1.044,89

19.536,45

1.257,31

25.892,40

2.283,95

47.569,32

N trong nc

2.851,92

52.842,00

2.639,24

56.312,32

2.774,13

57.776,17

1.844,25

34.183,56

2.301,01

46.925,52

3.512,76

73.158,27

N nc ngoi

527,50

9.765,36

616,55

12.533,13

876,41

18.251,79

N trong nc

1.316,75

24.418,20

1.684,46

34.392,39

2.636,35

54.906,48

1.191,18

22.090,99

1.417,89

28.935,09

2.392,94

49.836,50

N nc ngoi

337,52

6.256,68

415,78

8.465,12

644,38

13.419,63

N trong nc

853,66

15.834,31

1.002,11

20.469,97

1.748,56

36.416,87

653,08

12.092,57

883,12

17.990,43

1.119,81

23.321,77

N nc ngoi

189,98

3.508,68

200,77

4.068,01

232,03

4.832,16

N trong nc

463,10

8.583,89

682,35

13.922,42

887,78

18.489,61

D N (1)

RT VN TRONG K (2)

TNG TR N TRONG K (2)

USD

2012

Trong :
Tng tr n gc trong k

Tng tr li v ph trong k

(1)
(2)

p dng t gi quy i ti thi im cui k

p dng t gi quy i ti ngy pht sinh giao dch

10.2013

14

PHN II: S LIU THNG K

Biu 1
D N VAY CA CHNH PH

Biu 2
D N VAY C CHNH PH BO LNH

Bn tin N cng l

s 02

15

PHN III
CC NH NGHA

Cam kt

ODA, do Chnh ph hoc cc t chc chnh thc

L ngha v chc chn cho vay, bo lnh hoc cung cp; v vic hon tr cc khon vay ny
bo m mt khon tin c th theo cc iu c thc hin bng tin t chuyn i hoc bng
khon v iu kin ti chnh c th.
hng ho.
Cc ch n chnh thc
L cc ch n thuc khu vc cng, bao gm c
cc t chc a phng. Cc khon n nc ngoi
vi cc ch n chnh thc c th bao gm c cc
khon n m trc y l ca cc ch n t nhn,
nhng c bo lnh bi mt t chc cng trong
cng mt nn kinh t vi ngi cho vay, v d nh
t chc tn dng xut khu.
Cc ch n t nhn

Cc khon vay u i
L cc khon vay theo cc iu kin thun li
hn so vi cc khon vay trn th trng. Tnh
u i th hin mc li sut cho vay thp hn
so vi cc mc li sut hin hnh trn th trng
hoc thi gian vay v thi gian n hn di; hoc
kt hp c li sut thp v thi gian vay v thi
gian n hn di.

L nhng ch n khng phi l chnh ph v

Cu lc b Lun n
cc t chc thuc khu vc cng. Cc ch n t
L mt nhm cc ngn hng thng mi c c
nhn bao gm cc t chc ti chnh t nhn, cc
nh sn xut, nh xut khu v cc nh cung cp cc i din gp g nhau theo nh k v tho
hng ho khc c kh nng ti chnh.
lun, m phn vic c cu li cc khon n ca
ngi vay l cc Chnh ph. Cu lc b Lun n
Cc khon chuyn giao thun
Trn quan im ca mt khon vay, chuyn khng c khung t chc nh l Cu lc b Paris.
giao thun l tng cc khon gii ngn tr i cc
khon thanh ton gc, li v ph.

Cu lc b Paris

Din n trong cc khon gim n c

cc Chnh ph tham gia U ban h tr pht trin
Xem phn Tn dng chnh thc.
thuc OECD a ra. Ch tch v Ban th k do
Cc khon vay song phng
Kho bc Php ch nh. Cc ch n chnh thc
khc ngoi cc ch n thuc cc Chnh ph tham
Xem phn Tn dng chnh thc
Cc khon vay h tr pht trin chnh thc gia U ban h tr pht trin ca OECD c th
tham gia vo cc cuc m phn c cu li
(ODA)
L cc khon cho vay vi thi hn trn 1 nm, cc khon n vi mt trong cc con n ca h.
p ng cc tiu ch a ra trong phn nh ngha Cu lc b Paris thng nht cc iu khon c bn
Cc khon vay a phng

10.2013

16

PHN III: CC NH NGHA

vic c cu li n nh thi k cng c, ngy kha
s, thi gian n hn, thi hn thanh ton, phm vi
ca tho thun - tt c c quy nh ti Bin bn
ghi nh. Tuy nhin, bin bn ghi nh th khng c
tnh php l v vic c cu li n ch chnh thc c
hiu lc sau mt lot cc tho thun song phng
m phn ring l bi tng ch n sau tho thun
Cu lc b Paris. Cc tho thun song phng s
a ra mc li sut cho tng khon n c c cu
li i vi tng ch n.
Chuyn i n
Vic chuyn i mt khon n thnh mt ngha
v khc khng phi ngha v n, v d nh chuyn
thnh c phn hoc thnh vin tr trong trng
hp l khon n c s dng ti tr cho
mt d n hoc mt chnh sch c th no .
Ch n a phng
Nhng ch n ny l cc t chc a phng
nh IMF, WB v cc ngn hng pht trin a
phng khc.
Dng tin thun
Trn quan im ca mt khon vay, dng tin
thun l tng s tin gii ngn tr i cc khon tr
gc.
D n (v d n gii ngn)
L khon tin gii ngn nhng cha hon tr
li hoc cha c xo n.
EURIBOR-Li sut lin ngn hng Chu u
EURIBOR l li sut c bn lin ngn hng
Chu u, c s dng thay th cc mc li
sut lin ngn hng ca mt quc gia (IBOR) trong
s cc nc tham gia vo Lin minh tin t Chu
u t ngy 01/01/1999.
EURO
EURO l ng tin chung Chu u c pht
hnh t ngy 01/01/1999. Cc ng tin ring
ca cc quc gia tham gia vo Lin minh tin
t Chu u s khng cn c s dng trn th
trng ngoi hi na.
Bn tin N cng l

s 02

EURO LIBOR
EURO LIBOR c tnh bi Hip hi cc nh
ngn hng Anh bng cch ly trung bnh s hc
cc mc li sut ca th trng do cc ngn hng
a ra i vi ng EURO.
Xem phn EURIBOR.
Gii ngn/Rt vn
L cc hot ng cp vn. C hai bn tham gia
u phi ghi li cc giao dch ngay sau . Trong
thc t, vic gii ngn c ghi li ti mt trong
cc thi im sau: thi im cung cp hng ho v
dch v (thi im lin quan n tn dng thng
mi); thi im chuyn vn vo ti khon; Thi
im ngi vay rt vn t mt qu hoc ti khon
hoc ngi i vay. Thut ng c s dng
c th p dng trong trng hp tn dng c
thc hin di dng khng phi bng tin. Vic
gii ngn c th c ghi li di dng tng khi
lng gii ngn thc t.
Hon tr n gc
L vic thanh ton thc t c thc hin bi
con n cho ch n cc khon n gc n hn trn
c s ca lch tr n.
Xem phn N gc.
Hon n
Hon n cp ti vic hon thc hin ngha
v thanh ton n v p dng k hn mi, di hn
i vi khon tin c hon n. Hon n l
mt cch gip cho ngi mc n gim nh gnh
nng n thng qua vic tr hon hon tr v trong
trng hp hon n c u i s dn n gim
ngha v n.
H tr pht trin chnh thc (ODA)
Dng vn ti tr chnh thc vi mc ch chnh
l pht trin nn kinh t cho cc quc gia v c
yu t khng hon li t nht l 25%. Theo quy
c, lung vn ODA bao gm cc ng gp ca
cc c quan chnh ph ti tr tt c cc cp cho
cc nc ang pht trin (ODA song phng) v

17
cho cc t chc a phng. Vic nhn ODA bao
gm vic gii ngn t cc nh ti tr song phng
v cc t chc a phng. Vic cho vay bi cc
t chc tn dng xut khu vi mc tiu khuyn
khch xut khu khng c tnh vo ngun ODA.
Khon n c li sut c nh
Cc cng c n m cc chi ph v tin li khng
lin kt n cc ch s tham chiu.
Khon n c li sut th ni

c gc, li v cc khon ph n hn thanh ton.

Ngha v n tr theo lch l ton b cc khon
thanh ton bao gm thanh ton gc, li v ph phi
tr ti tng thi im trong thi gian tr n.
Ngi nm gi tri phiu
L nhng ngi nm gi tri phiu hoc cc
chng khon khc, bao gm c tri phiu ca cc
ngn hng thng mi v cc t chc ti chnh
khc.

N chnh ph
Cc cng c n m chi ph v li sut ca n kt
L khon n pht sinh t cc khon vay trong
ni vi mt ch s tham chiu v d nh LIBOR
(li sut lin ngn hng ca th trng Lun n), nc, nc ngoi, c k kt, pht hnh nhn
thng thay i theo thi gian do s thay i ca danh Nh nc, nhn danh Chnh ph hoc cc
khon vay khc do B Ti chnh k kt, pht hnh,
cc iu kin ca th trng.
u quyn pht hnh theo quy nh ca php lut.
Li
N chnh ph khng bao gm khon n do Ngn
i vi vic s dng tin gc, tin li c tnh hng Nh nc Vit Nam pht hnh nhm thc hin
v thng c cng dn trn c s tin gc v kt chnh sch tin t trong tng thi k.
qu l pht sinh chi ph tin li i vi con n. Khi
N c Chnh ph bo lnh
chi ph ny c tr theo chu k, v thng thng
nh vy, th hot ng ny c gi l thanh ton
L khon n ca doanh nghip, t chc ti
li. Tin li c th c tnh cn c vo li sut c chnh, tn dng vay trong nc, nc ngoi c
nh hoc li sut bin i.
Chnh ph bo lnh.
Li c gc ho
Li c gc ho l vic chuyn cc khon tr
li cng dn hoc cc khon thanh ton li trong
tng lai thnh mt khon n mi hoc chuyn
vo n gc theo hp ng c tho thun vi
ngi cp tn dng. Mt dng thng dng nht ca
gc ho l vic nhp cc khon li vo gc trn c
s cc tho thun lin quan ti tng khon n c
th hoc mt phn ca tho thun c cu li.
Li pht tr chm

N chnh quyn a phng

L khon n do y ban nhn dn tnh, thnh
ph trc thuc trung ng (sau y gi chung l
y ban nhn dn cp tnh) k kt, pht hnh hoc
u quyn pht hnh.
N ngn hn
L cc khon n c thi hn 1 nm hoc ngn
hn. Thi hn n c xc nh trn c s thi hn
n ban u hoc trn thi hn n cn li.

N nc ngoi ca quc gia

Khon tin bi thng (tin pht) m mt bn
L tng cc khon n nc ngoi ca Chnh
phi tr cho bn khc trong trng hp bn
khng thc hin ng mt hoc mt s ngha v ph, n c Chnh ph bo lnh, n ca doanh
nghip v t chc khc c vay nc ngoi theo
ca h theo cc iu khon ca hp ng vay.
phng thc t vay, t tr theo quy nh ca php
Ngha v n
lut Vit Nam.
cp ti vic hon tr c gc, li v cc khon
N qu hn
ph. Khon tr n thc t l tng s tin phi thanh
N qu hn l khon n n hn tr nhng
ton thc hin y ngha v n, bao gm
10.2013

18

PHN III: CC NH NGHA

ngi i vay cha thc hin vic tr n cho ngi
cho vay. N qu hn xy ra i vi c hai trng
hp l chm thanh ton gc v chm thanh ton li
ca cc cng c n cng nh l vic chm thanh
ton trong cc giao dch khc.

gm c ngn hng trung ng), hoc khon vay

trc tip t cc t chc tn dng xut khu.

- Khon vay t cc t chc a phng l cc

khon vay v tn dng t Ngn hng th gii, cc
ngn hng pht trin khu vc, cc t chc lin
Chnh ph v t chc a phng khc. Khng bao
Nc ch n
Nc ch n l nc m ngi cho vay c tr. gm cc khon vay t cc qu c qun l bi
Theo thut ng ca Cu lc b Paris, nc ch n mt t chc quc t thay mt cho mt Chnh ph
ti tr ring l (khon vay ny c xp vo loi
l ngi ch n song phng chnh thc.
khon vay t Chnh ph).
Ph
Tn dng t nhn
L chi ph thanh ton cho mt dch v, v d
Tn dng t nhn l cc khon n c thc
nh ph cam kt, ph i l, ph qun l.
hin bi nhng ngi ch n t nhn. Tn dng
S d n gc
t nhn bao gm c tri phiu pht hnh ra cng
L khon tin gc gii ngn v cha c chng hoc khng ra cng chng, cc khon vay
t cc nhn hng thng mi (bao gm c ngn
ngi vay tr li ti mt thi im.
hng t nhn v cc t chc ti chnh t nhn) v
Ti c cu n
tt c cc khon vay t nhn khc.
L hot ng c thc hin bi c ngi cho
Xem phn Cc ch n t nhn.
vay v ngi i vay, kt qu l dn n s thay
Tri phiu
i v ngha v n theo hng lm gim bt gnh
nng n cho ngi i vay. Hot ng ny c th
Cng c n ny mang li cho ngi nm gi
l t chc li n cho vay hoc gim n. i vi quyn hng thu nhp c nh mt cch v iu
trng hp xo n th hot ng ny ch c thc kin hoc khon thu nhp bng tin thay i c
hin bi ngi cho vay. Ti c cu li n bao gm xc nh theo cam kt. Tri phiu c giao dch
gin n, xa n v hot ng ti ti tr.
thng xuyn trn cc th trng c t chc hoc
cc th trng ti chnh khc.
Ti ti tr
Tri phiu chnh ph
L mt loi tha thun vay hoc mt loi ti tr.
Ti ti tr cp ti mt tha thun trong ngi
L loi tri phiu do B Ti chnh pht hnh
cho vay hoc l mt t chc i din cho ngi nhm huy ng vn cho ngn sch nh nc hoc
cho vay ti tr cho vic thanh ton cc ngha v cho cc chng trnh, d n u t ca Chnh ph.
pht sinh ca khon vay trc y thng qua mt
Tri phiu c Chnh ph bo lnh
khon vay mi.
L loi tri phiu, do doanh nghip pht hnh
Tn dng chnh thc
nhm huy ng vn cho d n u t v c
Cng c gi l cc khon vay chnh thc.
Chnh ph bo lnh.
Tn dng chnh thc bao gm cc khon vay
song phng v cc khon vay t cc t chc a
phng.

Tri phiu chnh quyn a phng

L loi tri phiu do y ban nhn dn cp tnh

pht hnh hoc u quyn pht hnh nhm huy
- Khon vay song phng l cc khon vay t ng vn cho ngn sch a phng hoc cho cng
cc chnh ph v cc t chc thuc Chnh ph (bao trnh, d n u t ca a phng.

Bn tin N cng l

s 02

Chu trch nhim xut bn:

Tin s Nguyn Thnh
Bin tp:
ng Quang Huy
V Hu Hin
o Th Xun Phng
Hong Minh Huyn
Trn Th Thu Hng
Nguyn Thanh Hoa
V Bnh Dng
Trnh by:
ng Quang Huy
Thit k m thut:
Vng Ton Hong

Bn tin N cng
S lng in: 200 cun, kh 21 x 29,7 cm
In ti: X nghip in Tng cc Cng nghip quc phng
S ng k xut bn: S 11/GP-XBBT ngy 16/01/2013