The Ministry of Planning, Finance and Investment of the NUG stated that the National Unity Government (NUG) will issue and sell Spring Revolution special treasury bonds.

The statement said the Spring Revolution Special Treasury bonds are valid for two years and will be sold as interest-free bonds that are worth US $ 1,000 million.

Launching date, the ways of buying and detailed rules and regulations will be announced later.

The Pyidaungsu Hluttaw of NUG passed the Public Debt Management Law amending for the third time (Pyidaungsu Hluttaw Law No.4) on June14. In accordance with Article 16 of the amended law, the right to sell Spring Revolution Special Treasury bonds was approved by the 28th National Unity Government’s (NUG) Cabinet meeting.

Treasury bonds and treasury bills are sold to the public to cover deficits when the government budget is in short supply, and in other words, the government borrows money from the public with interest.

The NUG strongly urges those, who have a strong desire for the end of the military dictatorship in Myanmar, to buy Spring Revolution Special Treasury Bills with a revolutionary spirit.