CTG123018: Payment of Bond Interest and Principal due to redemption before maturity
Viet Nam Securities Depository and Clearing Corporation (VSDC) would like to announce the record date of corporate action processing for the Securities registering institution as follows:
- Expected number of securities to be redeemed: 20,000,000 bonds,
- Execution rate: 100%
- Redemption price of each bond: 105,880 VND/bond
+ Redemption price of each bond is calculated according to formula: Bond face value + Bond interest from 20/7/2025 inclusive to 20/7/2026 exclusive = 100,000 + (100,000 x 5.88%) = 105,880 VND
+ Interest per bond is calculated according to formula: 100,000 VND *5.88% = 5,880 VND
+ Bond interest = the total face value of bonds actually held on the record date * interest rate
- The total receipt amount of bondholders will be rounded to the whole number (if the first dp is equal to or greater than 5, the amount is rounded up; if the first dp is less than 5 then the fractional part is removed);
- There is not deadline of registering to sell bonds back to the Securities registering institution. According to bond terms and conditions, bondholders are obligated to resell all bonds to the Securities registering institution. All redeemed bonds will be removed.
- Payment date: 20/7/2026
- Payment place:
+ The holders whose securities have been deposited will receive bond interest and principal at the depository member where they opened the depository account.
+ Bondholders whose securities have been deposited receive bond interest and principal via accounts registered with Vietnam Joint Stock Commercial Bank for Industry and Trade on 20/7/2026.
Coordination details and procedures for corporate action processing for holders of the above securities between VSDC, the Securities registering institution and depository members are specified in the Guideline on corporate action processing for securities holders at VSDC.
Vietnam Joint Stock Commercial Bank for Industry and Trade, organizations and individuals participating in the process of preparing the documents for exercising their rights shall be responsible before the law for the legality, accuracy, truthfulness, and completeness of the documents; Organizations and individuals participating in the verification of the documents shall be responsible before the law within the scope related to those documents as prescribed in Clause 1, Article 11a of the Securities Law No. 54/2019/QH14 dated 26/11/2019, supplemented by Clause 4, Article 1 of Law No. 56/2024/QH15 dated 29/11/2024./
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