Home Bonds

Vietcombank Securities to issue $8.89b of bonds

Feb 8th at 10:40
08-02-2017 10:40:59+07:00

Vietcombank Securities to issue $8.89b of bonds

Vietcombank Securities Co Ltd (VCBS) plans to issue 200,000 bond notes to 100 investors on February 15. The face value of the bond has been set at VND1 million (US$44.44).

 

The total value of the share issuance will be VND200 billion and investors have to buy at least 2,000 bond notes worth VND2 billion.

The maturity of the bond is two years and interest will be paid every six months. The yield rate is 7.7 per cent per year for the first interest payment. For the next 12 months and following payments, the yield rate will be 1 per cent plus 12-month deposit rate at Vietcombank.

According to a report by the Ha Noi Stock Exchange on January 9, VCBS ranked eighth among 10 securities companies that had the biggest market shares in the northern market in the fourth quarter of 2016. VCBS had a market share of 3.66 per cent.

In 2017, VCBS targets a revenue of VND407 billion, and a profit of VND115 billion – 15 per cent higher than 2016.

bizhub

MOST READ

NEWS SAME CATEGORY

Treasury to issue US$11.1bn in bonds, less than last year
BONDS Feb 7th at 09:48

Treasury to issue US$11.1bn in bonds, less than last year

The State Treasury of Viet Nam is targeting bond sales of VND250 trillion (US$11.1 billion) this year, lower than last year’s level due to unpredictable changes on...

Treasury to issue VND65 trillion-worth bonds in Q1
BONDS Feb 6th at 16:25

Treasury to issue VND65 trillion-worth bonds in Q1

The State Treasury of Viet Nam plans to issue bonds worth VND65 trillion (US$2.8 billion) in the first quarter of 2017.

Vietnam likely to launch bond derivative market in Q1
BONDS Jan 26th at 21:37

Vietnam likely to launch bond derivative market in Q1

Viet Nam will likely launch its bond derivatives market in the first quarter of this year. This is part of the four-year roadmap for the domestic bond market...

VN Government turns focus to long-term bonds
BONDS Jan 20th at 10:26

VN Government turns focus to long-term bonds

Long-term Government bonds will remain the focus of the finance ministry in the future to help the Government extend the loan due dates and reduce pressure on...

VCB, ACB mobilised $452 million in bonds last year
BONDS Jan 17th at 08:30

VCB, ACB mobilised $452 million in bonds last year

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (VCB) and the Asia Commercial Joint Stock Bank (ACB) issued a total of $452 million worth of bonds in...

Hoang Anh Gia Lai issues bonds worth $41.3m
BONDS Jan 6th at 08:41

Hoang Anh Gia Lai issues bonds worth $41.3m

Agricultural group Hoang Anh Gia Lai Joint Stock Company has issued bonds worth VND930 billion (US$41.3 million) to a financial institution, it said in a filing to...

Sacomreal to issue bonds worth VND400 billion
BONDS Dec 28th at 15:55

Sacomreal to issue bonds worth VND400 billion

The Sai Gon-Thuong Tin Real Estate Joint Stock Company (Sacomreal) will issue bonds worth VND400 billion (US$17.8 million) to expand operations.

Treasury mobilises over $12 billion with bond issue
BONDS Dec 15th at 13:30

Treasury mobilises over $12 billion with bond issue

The Viet Nam State Treasury mobilised more than VND281.294 trillion (US$12.39 billion) through G-bonds by December 7, meeting the annual plan set by the National...

Vietcombank successfully issues non-convertible bonds worth $88m
BONDS Dec 7th at 12:41

Vietcombank successfully issues non-convertible bonds worth $88m

The Bank for Foreign Trade of Viet Nam (Vietcombank) on Monday announced it successfully issued non-convertible bonds worth VND2 trillion (US$88 million).

City Infrastructure JSC sells $40m bond
BONDS Nov 25th at 10:52

City Infrastructure JSC sells $40m bond

HCM City Infrastructure Investment JSC yesterday signed a contract to sell US$40 million worth of convertible bonds to KEB Hana Banktrustee and Custodian Business...

Read More

MOST READ

Back To Top