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VIETNAM PRESS-BIDV raises $156 mln via bonds - Lao Dong
August 25, 2014 / 2:12 AM / 3 years ago

VIETNAM PRESS-BIDV raises $156 mln via bonds - Lao Dong

Hanoi-based lender BIDV, Vietnam’s second-largest partly private bank by assets, raised 3.3 trillion dong ($155.88 million) through bonds, the Lao Dong (Labour) newspaper reported.

The bonds have par value of 1 billion dong each and a maturity of 10 years and one day, with a coupon rate of 8.8 percent per year in the first five years and 9.3 percent annually thereafter, the report said.

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NOTE: Reuters has not verified this story and does not vouch for its accuracy. ($1=21,170 dong) (Hanoi Newsroom; Editing by Subhranshu Sahu)

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