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On 11 June 2020, the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) has successfully issued VND914 of medium and long-term bonds as a private placement.
The bonds issued are listed below:
Issue date
|
Issue size (VND billion)
|
Term
|
11 June 2020
|
615
|
07-year, BIDV has the right to call the bonds after 2 years from the issue date.
|
11 June 2020
|
93
|
08-year, BIDV has the right to call the bonds after 3 years from the issue date.
|
11 June 2020
|
206
|
10-year, BIDV has the right to call the bonds after 5 years from the issue date.
|
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.