Vietnam Securities Depository and Clearing Corporation News

BID121028: Cancellation of bond registration

Date update 08/11/2024 - 16:54:34

Viet Nam Securities Depository and Clearing Corporation (VSDC) would like to announce the bond registration from 12/11/2024 cancellation of the issuer as follows:

Securities name:

Bonds of BIDV, publicly offered via issuing agent in 2021

Securities code:

BID121028

ISIN:

VNBID1210284

Par value:

100,000 VND

Interest rate:

float interest, calculated by the formula: interest rate = reference interest rate + 0,9%/year, in which: The reference interest rate is the average interest rate of personal savings in Vietnam Dong, postpaid, applicable to a term of 12 months (or equivalent) published on the official websites of four banks: (.) Bank for Agriculture and Rural Development Vietnam (.) Vietnam Joint Stock Commercial Bank for Industry and Trade (.) Joint Stock Commercial Bank for Foreign Trade of Vietnam - Transaction Center (.) Vietnam Investment and Development Joint Stock Commercial Bank - Hanoi area on the date of determining interest rate. + The date of determining interest is the issue date for the first interest calculation period or the 7th working day before the first day of each interest period for subsequent interest periods. + Interest calculation period of a bond is a period of time to re-determine the bond's interest rate, once every 12 months from the date of issue. + If the issuer does not redeem bonds on the day of exercising the right to redeem, the bond interest rate applied to interest period in the 6th year until maturity will be equal to the reference interest rate + 2.57%/year

Issue date:

29/10/2021

Maturity date:

29/10/2029

Quantity of registration-cancelled securities:

9,710,000 Bond

Value of registration-cancelled securities:

971,000,000,000 VND

Reason:

All bonds are redeemed before maturity

Valid date:

12/11/2024

From 12/11/2024, the securities code BID121028, ISIN VNBID1210284 issued by VSDC will become invalid and VSDC will not accept registration, depository, clearing and settlement of BID121028 bonds. VSDC will automatically withdraw all deposited BID121028 bonds on the valid date of registration cancellation. Members are requested to withdraw BID121028 bonds from investors' accounts on 12/11/2024 and inform relevant investor.
Cancellation of securities registration at VSDC does not change the legal rights and interests of bondholders. Joint Stock Commercial Bank for Investment and Development of Vietnam is responsible for managing information about bonds and bondholders after the bonds are cancelled at VSDC and continuing to exercise the legal rights and interests of bondholders (if any) in accordance with prevailing laws.