On August 06, the Board of Directors of Viet Nam Joint Stock Commercial Bank For Industry And Trade approved the plan for the third bond private offering of 2019 as follows:
- Issuer: Viet Nam Joint Stock Commercial Bank For Industry And Trade (VietinBank)
- Bond name: Bond of Viet Nam Joint Stock Commercial Bank For Industry And Trade
- Bond code: CTG1926T2/RL03
- Type of bond: non-convertible, unsecured bond
- Bond term: 07 years
- Total estimated issue value: VND500 billion
- Currency unit: VND
- Par value: VND1,000,000,000/bond
- Issue price: 100% par value
- Number of issue tranches: 02 tranches
- Issue date: in Quarter 3 or 4/2019
- Interest rate: 8.0%/year
- Issue method: private placement
- Bond form: book-entry
- Interest payment period: every 01 year