After 1 month launching, BIDV’s VND500 billion 10-year bond and VND2,499.32 billion 7-year bond have sold out on 27 September 2019.

Thus, BIDV has mobilized VND2,999.32 billion, which will be calculated in BIDV’s tier 2 capital, and supplement the bank’s working capital for its mid- and long-term loan demand in 2019. These bonds are non-convertible, non-warranted and non-guaranteed, denominated in Vietnamese Dong, and meeting the current regulations to be calculated in BIDV’s tier 2 capital. The interest rates are calculated as follows: 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) plus 1.2% p.a for 7-year bonds and 1.3% p.a for 10-year bond.