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Publish date
02/10/2019
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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.
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EN 
VN© 2018 Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV)
BIDV Tower, 194 Tran Quang Khai, Hoan Kiem, Ha Noi
Receiving phone number: 19009247 (Personal)/ 19009248 (Business)/(+84-24) 22200588 - Fax: (+84-24) 22200399
Outgoing phone number: 024 22200588/ 0849351080/ 0822808588/ 0842152355/ 0766151080/ 0763238588/ 0784132388/ 0358201080/ 0357638588/ 0334282388
Email: bidv247@bidv.com.vn
Swift code: BIDVVNVX
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