From 20 to 23 April 2020, the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) has successfully issued VND2,202 of medium and long-term bonds.

The bonds issued are listed below:

Issue date	Issue size (VND billion)	Term	Interest rate
20 Apr 2020	1,000	06-year, BIDV has the right to call the bonds after 1 year from the issue date.	Reference Rate(*) + 0.75%p.a.
23 Apr 2020	482	06-year, BIDV has the right to call the bonds after 1 year from the issue date.	Reference Rate + 0.6%p.a.
23 Apr 2020	472	07-year, BIDV has the right to call the bonds after 2 years from the issue date.	Reference Rate + 0.8%p.a.
23 Apr 2020	232	08-year, BIDV has the right to call the bonds after 3 years from the issue date.	Reference Rate + 1.0%p.a.
23 Apr 2020	16	10-year, BIDV has the right to call the bonds after 5 years from the issue date.	Reference Rate + 1.2%p.a.

(*) the Reference Rate (which is the average of 12-month interest rates for individual savings deposit denominated in Vietnamese Dong with interest paid at maturity of 4 banks including Agribank, Vietinbank, BIDV, and Vietcombank The bonds are non-convertible, non-warranted, non-guaranteed, denominated in VND, establishing the direct debt repayment obligations, being subordinated debts of BIDV, and meeting the current regulations to be calculated in BIDV’s tier 2 capital.