BID: Result of issuance of BIDV’s bonds Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) announces the result of issuance of bonds as follows:
Phase 1.2016
- Bond: BIDBOND16.26.01
- Issuer: Joint Stock Commercial Bank for Investment and Development of Vietnam
- Issue date: August 17, 2016
- Bond term: 10 years
- Par value: VND1 billion/bond
- Issue price: 100% par value
- Bond form: book-entry
- Issue volume: VND1,350 billion
- Interest rate: 7.5%/year for the first five years. If after five years the bonds are not bought back by the issuer, the interest rate of 8%/year will be applied for the remaining years of bonds.
Phase 2.2016
- Bond: BIDBOND16.26.02
- Issuer: Joint Stock Commercial Bank for Investment and Development of Vietnam
- Issue date: August 19, 2016
- Bond term: 10 years
- Par value: VND1 billion/bond
- Issue price: 100% par value
- Bond form: book-entry
- Issue volume: VND1,350 billion
- Interest rate: 7.5%/year for the first five years. If after five years the bonds are not bought back by the issuer, the interest rate of 8%/year will be applied for the remaining years of bonds.
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