DNSE: Board resolution on buying bank bonds

On July 27, 2020, the Board of Directors of Dai Nam Securities Joint Stock Company (DNSE) approved the plan for investing in bank bonds as follows:

-          Target: Bond of Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV)

-          Investment time: Quarter III and Quarter IV of 2020

-          Details:

• Bond code: BID2_RL_20.15
• Par value: VND1,000,000,000/bond
• Interest rate: reference rate + 0.7%/year
• Bond term: 7 years
• Estimated buying volume: 17 bonds
• Estimated buying price: VND1,000,000,000/bond
• Estimated investment: VND17,000,000,000.

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