Vietnam Securities Depository and Clearing Corporation News

VCB12316: Bond redemption before maturity

Date update 29/10/2024 - 16:03:39

Viet Nam Securities Depository and Clearing Corporation (VSDC) would like to announce the bond registration cancellation of the issuer as follows:

Securities name:

Bond of Joint Stock Commercial bank for Foreign Trade of Vietnam (VCBL2329001)

Securities code:

VCB12316

ISIN:

VN0VCB123169

Par value:

1,000,000,000 VND

Interest rate:

The floating interest rate is determined according to the following formula: + The floating interest rate applied for the first 5 years from the issuance date is: Reference interest rate + 0.65%/year; + Floating interest rate applied for the next 6 months is: Reference interest rate + 3.5%/year; The "reference interest rate" used to calculate the interest rate for each interest period is the average interest rate on regular savings deposits applied to individual customers in Vietnam Dong (interest paid later) for a term of 12 months (or equivalent). equivalent) is published on the official websites of 04 Vietnamese commercial banks including: Joint Stock Commercial Bank for Foreign Trade of Vietnam, Joint Stock Commercial Bank for Investment and Development of Vietnam, Joint Stock Commercial Bank for Industry and Trade of Vietnam and Vietnam Bank for Agriculture and Rural Development (each a “Reference Bank”) on the date of determining the interest rate for that interest period. The reference interest rate (if not an integer), will be rounded to two decimal places according to the principle that if the 3rd number of the decimal part is greater than or equal to 5, then round up, if the 3rd number of the decimal part is greater than or equal to 5, then round up. If the decimal is less than 5, round it down. Details according to the terms and conditions of the bond

Issue date:

22/12/2023

Maturity date:

22/06/2029

Quantity of registration-cancelled securities:

1,000 Bond

Value of registration-cancelled securities:

1,000,000,000,000 VND

Reason:

Full redemption of bonds before maturity

Valid date:

30/10/2024

From 30/10/2024, security code VCB12316, ISIN VN0VCB123169 issued by VSDC will become invalid and VSDC will not implement registration, depository, clearing and settlement for VCB12316 bonds. VSDC will withdraw all VCB12316 deposited bonds on the valid date of registration cancellation. VSDC's members are requested to withdraw the respective quantity of deposited VCB12316 bonds from investors' accounts on 30/10/2024 and inform related investors accordingly.
This notification is for Members' information and action.

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