On November 06, the Board of Directors of Vietnam Bank for Industry and Trade Securities Joint Stock Company unanimously approved the public offering plan for issuing VND400 billion bonds in 2019 as follows:
− Bond name: Bond of Vietnam Bank for Industry and Trade Securities Joint Stock Company
− Bond type: corporate non-convertible, unsecured bond
− Currency unit: VND
− Bond form: book-entry
− Par value: VND100,000/bond
− Issue price: 100% par value
− Bond term: 24 months
− Total issue volume: 4,000,000 bonds, equivalent of VND400,000,000,000.
− Interest rate:
- For the first year: 9.3%/year;
- For the next six months: 9.5%/year;
- For the last six months: 9.7%/year.
− Issue method: public offering
− Issue date: estimated in Quarter 4/2019 – Quarter 1/2020.