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On 20 and 21 May 2021, the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) has successfully issued VND1,800 of long-term bonds as a private placement.
The bonds issued are listed below:
Bond code |
Issue date
|
Issue size (VND billion)
|
Term
|
BIDL2128001 |
20 May 2021
|
1,000
|
07-year, BIDV has the right to call the bonds after 2 years from the issue date.
|
BIDL2136002 |
21 May 2021 |
800 |
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.