Military Commercial Joint Stock Bank (MBB) announces a plan for implementing the bond private placement in 2019 as follows:
- Issuer: Military Commercial Joint Stock Bank (MBB)
- Charter capital: VND21,604,513,810,000.
- Bond code: MBB.2019.5Y.01
- Total offering value: VND50 billion
- Par value: VND100,000,000/bond
- Issue price: 100% par value
- Total offering volume: 500 bonds
- Currency unit: VND
- Bond type: non-convertible unsecured bond, no warrants
- Bond form: book-entry
- Bond term: 05 years 01 day
- Interest rate: floating interest rate, equal to the reference rate plus 1.8%. The reference interest rate will be the average saving interest rate in VND with a term of 12 months, postpaid, published by 04 banks: BIDV, Vietcombank, VietinBank and Agribank.
- Issue date: October 2019
- Interest payment period: once every 12 months
- Underwriter: none
- Issue agent: Military Commercial Joint Stock Bank
- Depository and transfer agent: Military Commercial Joint Stock Bank
- Payment agent: Military Commercial Joint Stock Bank.