BIDV successfully issues VND1,200 billion of long-term bonds

Publish date
30/10/2020

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On 26 and 29 October 2020, the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) has successfully issued VND1,200 of long-term bonds.

The bonds issued are listed below:

Issue date

Issue size (VND billion)

Term

26 October 2020

1,000 08-year, BIDV has the right to call the bonds after 3 years from the issue date.

29 October 2020

200

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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