More than VND 83,100 billion of principal and interest of bonds issued by TCBS as a consultancy were paid on time.

According to Techcom Securities Joint Stock Company (TCBS), from the beginning of 2024 to December 16, 2024, approximately VND 83,134 billion in principal and interest of maturing bonds issued by TCBS has been paid in full and on time. TCBS also made a pioneering mark by successfully deploying Blockchain technology in bond management activities (Blockchain-enabled Bond).

More than VND 83,100 billion of principal and interest of bonds issued by TCBS as a consultancy were paid on time.

According to Techcom Securities Joint Stock Company (TCBS), from the beginning of 2024 to December 16, 2024, approximately VND 83,134 billion in principal and interest of maturing bonds issued by TCBS has been paid in full and on time. TCBS also made a pioneering mark by successfully deploying Blockchain technology in bond management activities (Blockchain-enabled Bond).

Accumulated from the beginning of 2024 to December 16, 2024, about VND 83,134 billion in principal and interest of maturing bonds issued by TCBS has been fully paid, of which, the VND 6,575 billion bond lot of SDI Corp was just paid on time on December 16. According to the plan, by the end of December, the VND 6,500 billion bond lot of a large enterprise will also be fully paid.

TCBS has distributed VND58,759 billion of iBond corporate bonds to individual customers in the first 11 months of 2024, an increase of 87% over the same period last year. The increase in sales clearly reflects the growing confidence of investors in bond products issued by TCBS, while affirming the Company's capacity in developing safe and effective investment channels.

The only unit that owns the iConnect bond trading agreement platform In the Vietnamese market, TCBS has created maximum convenience for investors in accessing bond products with attractive interest rates, flexible terms and optimal liquidity. Transaction turnover via iConnect reached nearly 15,000 billion VND in the first 11 months of 2024, contributing significantly to improving liquidity in the corporate bond market.

It is expected that in 2025, TCBS will launch an upgraded version of the Bond Advisory tool, helping to personalize the investment experience by automatically suggesting bond portfolios that suit the needs, with attractive interest rates and flexible terms. This tool will become a powerful assistant, bringing a smart, convenient and highly effective bond investment experience to customers.

Source: HNX, TCBS synthesis

On October 22, 2024, Vietnam issued its first national strategy on the application and development of Blockchain technology under Decision No. 1236/QD-TTg of the Prime Minister. The strategy aims to build a national Blockchain Infrastructure, promote research and application of Blockchain technology in key areas such as finance - banking, securities trading, digital asset management and public services. The goal is that by 2025, Vietnam will form a "Blockchain+" ecosystem, build 10 research and training facilities and select at least 1 pilot site to move towards forming a national blockchain network. This is an important step towards the vision of Vietnam being among the leading countries in the region in applying Blockchain technology by 2030.

Leading this trend, TCBS has made a pioneering mark by successfully deploying Blockchain technology in bond management and trading (Blockchain-enabled Bond). This technology ensures that all transactions throughout the bond life cycle are recorded transparently, cannot be edited, and acts as an automatic "audit". As a result, investors can feel absolutely secure when owning and trading corporate bonds on the TCInvest system. of TCBS.

The application of Blockchain in bond management has helped TCBS record 100% of unlisted bonds into the blockchain at an optimal speed of closing a Block every 1 second, with the ability to store up to 600 transactions/Block. TCBS's system platform is always ready to meet the excitement of the bond market in the next 5 years, when the market continues to recover strongly and there are great expectations from the amendment of the Securities Law taking effect from 2025.

In 2023, TCBS was honored by the Vietnam Blockchain Association as a pioneer in applying digital transformation in banking and finance. At the same time, TCBS also continuously received prestigious international awards, including the award for "Most advanced Blockchain technology application in Vietnam" at the FinanceAsia Country Awards 2023 and "Most innovative Blockchain technology application in Vietnam" at the Global Business Awards 2024.

Mr. Nguyen Xuan Minh, Chairman of TCBS shared: “TCBS is proud to be a pioneer in applying and mastering Blockchain technology after a process of self-research and development. We realize that there are many investment banking and asset management services that can effectively apply this technology, aiming to improve risk management, transaction security, as well as optimize operations and reduce costs. In the near future, TCBS's goal is not only to apply Blockchain to daily operations, but also to pioneer the introduction of more financial and securities products and solutions using Blockchain technology to customers.”

Source: https://baodautu.vn/hon-83100-ty-dong-goc-va-lai-trai-phieu-do-tcbs-tu-van-phat-hanh-duoc-thanh-toan-goc-lai-dung-han-d232978.html