VNDirect plans to issue 2,000 billion VND in bonds to the public

VNDirect Securities Corporation (code VND) has just announced information about issuing bonds to the public in 2025.

VNDirect plans to issue 2 bond codes VNDL2527001 and VNDL2528002 in the same batch with terms of 2 years and 3 years respectively.

The total number of bonds offered is a maximum of 20 million bonds, with a face value of VND 100,000/bond. The number of bonds offered for each bond code is 10 million bonds, equivalent to VND 1,000 billion/code.

Expected release date is in Q4 this year, Q1/2026 and/or Q2/2026.

The interest rate for code VNDL2527001 for the first interest calculation period is a fixed interest rate of 8%/year, the following interest calculation periods are floating interest rates (Reference interest rate + 2.8%/year).

For code VNDL2528002, the interest rate for the first interest calculation period is 8.3%/year, then it will float with the reference interest rate + 3%/year. Interest calculation period is every 6 months.

VNDirect said the bonds were offered to raise capital to increase the company's operating capital for margin lending, investment in securities on the market and other business activities.

VNDirect's plan to use capital through bond issuance.

Specifically, with the expected VND 2,000 billion mobilized from 2 bond codes issued to the public, VNDirect plans to use 60%, or VND 1,200 billion, for margin lending activities, the remaining 40%, or VND 800 billion, will be invested in valuable papers on the market.

During the period of unused or unused amount of money expected to be allocated to the above activities, the capital collected can be converted into deposits according to deposit contracts to optimize capital use efficiency and improve financial capacity.

The issuance of bonds to the public was previously planned by VNDirect. At the end of 2024, VNDirect announced a plan to issue bonds to the public with a total value of VND 2,000 billion, divided into 2 phases with 6 bond codes. The purpose is also to increase the scale of margin lending activities, investment in valuable papers and other activities.

By the end of the first quarter of 2025, VNDirect's liabilities were VND29,992 billion, an increase of nearly VND5,500 billion compared to the beginning of the year. 99% of VNDirect's liabilities are short-term debts, of which short-term financial leasing debts account for VND28,138 billion, of which there are no bond debts.

Source: https://baodautu.vn/vndirect-tinh-phat-hanh-2000-ty-dong-trai-phieu-ra-cong-chung-d314531.html