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BIDV successfully issues over VND2,300 billion of medium and long-term bonds

Publish date
29/05/2020
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From 22 to 26 May 2020, the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) has successfully issued VND2,311 of medium and long-term bonds as a private placement..
The bonds issued are listed below:

Issue date

Issue size (VND billion)

Term

22 May 2020 600 06-year, BIDV has the right to call the bonds after 1 year from the issue date.
25 May 2020 400 06-year, BIDV has the right to call the bonds after 1 year from the issue date.
26 May 2020 744 07-year, BIDV has the right to call the bonds after 2 years from the issue date.
26 May 2020 61 08-year, BIDV has the right to call the bonds after 3 years from the issue date.
26 May 2020 6 10-year, BIDV has the right to call the bonds after 5 years from the issue date.
26 May 2020 500 15-year, BIDV has the right to call the bonds after 10 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.
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