RELEASED DATE 06 Jan 2020
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The first transaction date is expected to be on 15 January 2020. BIDV has the right to call the 7-year bond with face value VND100,000 after 2 years from the issue date.
The bonds are non-convertible, non-warranted, non-guaranteed, and meeting the current regulations to be calculated in BIDV’s tier 2 capital.
The interest rates are calculated as follows: the Reference Rate (which is the average of 12-month interest rates for individual savings deposit denominated in Vietnamese Dong with interest paid at maturity of 4 banks including Agribank, Vietinbank, BIDV, and Vietcombank) plus 1.3% p.a.
BIDV Smart Banking