On 31 August 2020, the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) has successfully issued VND730 of medium and long-term bonds as a private placement.

The bonds issued are listed below:

Issue date

Issue size (VND billion)

Term

31 August 2020

580

07-year, BIDV has the right to call the bonds after 2 years from the issue date.

31 August 2020

144

08-year, BIDV has the right to call the bonds after 3 years from the issue date.

31 August 2020

6

10-year, BIDV has the right to call the bonds after 5 years from the issue date.

The bonds are non-convertible, non-warranted, non-guaranteed, denominated in VND, establishing the direct debt repayment obligations, being subordinated debts of BIDV, and meeting the current regulations to be calculated in BIDV’s tier 2 capital.

BIDV

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