BAC A BANK officially offers 16 million bonds to be issued to the public in the first phase

DNHN - To supplement medium and long-term capital, meet the needs of increasing the bank's operational scale, and diversify the investment portfolio of customers, from August 5, 2022, Bac A Commercial Joint Stock Bank (BAC A BANK) officially offered 16 million bonds to the public in the first phase with a par value of 100,000 VND/bond.

According to the plan, BAC A BANK will carry out 4 issuances of bonds, with the total offering value at par value up to 4,000 billion VND, deployed from now until the end of the second quarter of 2023.

Bonds issued to the public of BAC A BANK are non-convertible bonds, without warrants, without collateral, and satisfy the conditions to be included in the Tier 2 capital of the Issuer. The bonds are divided into 3 bond symbols: BAB202201-07L (7-year term), BAB202201-07C (7-year term) and BAB202201-08C (8-year term).

The bond has a par value of 100,000 VND/bond, which is paid interest every 12 months, helping customers enjoy a safe and stable source of profit. Compared to other investment channels such as deposits or ordinary certificates of deposit, the BAC A BANK Public Bonds in 2022 - Phase 1 offers customers extremely attractive interest rates - up to 8, 4 years. The expected time to buy back bonds is also very flexible, only from 18 months to 36 months from the date of issuance.

Especially, after the bonds are registered for depository and listed, BAC A BANK allows customers to make bond mortgage loans, applying super competitive interest rates, creating favourable conditions for customers to actively access the source of capital if unexpected financial needs arise. Besides, customers are also entitled to fully exercise the rights of bondholders including transfer, donation, and inheritance; and can be easily traded on the Hanoi Stock Exchange (HNX).

The minimum order quantity for individual investors is 500 bonds, and for institutional investors is 1,000 bonds. The time to receive the purchase registration of Phase 1 is from August 5, 2022, to 9:00 am on September 19, 2022. Bonds are distributed directly at BAC A BANK's Head Office and branches/transaction offices nationwide.

Being licensed to issue and officially offering bonds to the public once again helps BAC A BANK affirm its efforts to ensure stable financial health, strictly comply with legal regulations and commit to providing a market of safe, efficient, transparent and highly liquid financial investment products and solutions.

For more information, please visit the website www. baca-bank. vn, contact BAC A BANK branches/transaction offices or Customer Care Center 1800 588 828.

Thu Đương