NUG to allow mature treasury bond to be sold

0
265

Mawlamyaing, 11 November

The Ministry of Planning, Finance and Investment of NUG government has announced on 9 November that the mature treasury bonds will be allowed for selling in accordance with the terms and conditions  at the end of 2-year term contract.

NUG sold treasury bonds on 22 November 2021, and the first bonds were on sale  in 1 December, reached its maturity after two years.

The NUG gives two options for buyers who have no plans to redeem their money after the expiration of 2 years, and those methods are to extend the term and to convert the NUG government-sold land, apartment, and share ownership, according to the statement.

In addition, detailed information will be sent to treasury bond holders via email.

NUG has expressed its appreciation to  people who support the revolution with buying and  investing in the interest-free treasury bonds with confidence in the revolution.

The NUG has sold treasury bonds to individuals and groups.

Fund from selling treasury bonds is aimed for removing military dictatorship, and it has played a crucial role in the success of Spring Revolution.

News – Than Lwin Times

Photo – MOPFI

LEAVE A REPLY

Please enter your comment!
Please enter your name here