​Issuer

🃏Joint Stock Commercial Bank for Investment and Development of Vietnam

Term

12 years

Volume

VND130 billion

Interest rate

+ Bond interest is paid afterward annually;

ไ+ Interest rate in the first seven (07) years is fixed at 7.7%/p.a.

♚+ If the bond is not repurchased by BIDV after seven (07) years since the issue date, interest rate applicable to the remaining period of the bond shall be 8.2%/p.a. on the basis of compliance and conformity with current regulations of related laws.

Type of bond

🦩The bond is non-convertible without warrant, confirms direct and unsecured repayment obligation, is a secondary debt of BIDV and meets conditions to be accounted in BIDV’s tier 2 own capital according to current regulations.