BIDV offers $93m in separate bonds to investors

The Bank for Investment and Development of Viet Nam is offering VND2 trillion or $93.8 million in separate bonds to a group of investors.

Sources quoted by Dau Tu Chung Khoan (Securities Investment) newspaper said the bond issue, which would reportedly end by the end of this month, aims to increase capital. Last year, the bank issued VND3 trillion or $140.8 million worth of bonds, which helped it raise its capital adequacy ratio.

As of the end of last year, BIDV's capital adequacy ratio was 10.23 per cent.

bizhub

>   NLG: NLG Corp to issue bonds (11/07/2014)

>   BID10904: Official admission of delisting of BIDV\u2019s bond (10/07/2014)

>   BID10904: Notification on record date of bonds of Bank for Investment and Development of Vietnam (10/07/2014)

>   BID10904: Resolution on the delisting of long-term BIDV's bond \u2013 the first stage 2009 (08/07/2014)

>   BID10904: Handling the interests for the people who holding long-term BIDV's bond \u2013 the first stage 2009 (08/07/2014)

>   HNX raises VND20 trillion in Government bonds (05/07/2014)

>   CII: Result of public offering of convertible bond (04/07/2014)

>   CII: CII announces time and place to grant Bond Certificate (02/07/2014)

>   Treasury bills, bonds sell more (27/06/2014)

>   HNX raises VND586 trillion from G-bond sales (26/06/2014)