Vietinbanksc.: BoD approves to issue bonds On January 25, 2016, the Board of Directors of Vietnam Bank for Industry and Trade Securities Joint Stock Company (Vietinbanksc) approved a private placement of bonds as follows:
- Bond code: CTS_BOND2016
- Bond type: corporate bond, non-convertible, unsecured
- Currency unit: VND
- Bond form: book-entry
- Par value: VND1,000,000,000/bond
- Issue price: 100% par value
- Bond term: 18 months from the issue date
- Total issue volume: maximum 500 bonds (or VND500 billion), in 10 phases in 2016.
- Bond interest: fixed rate, maximum 7.5%/year
- Interest payment: every 06 months
- Agent for the first phase: Wall Street Securities Company.
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