24 Oct 2010

TrustBank issues 2tr dong of bonds

Great Trust Joint Stock Commercial Bank (TrustBank) has recently issued short term bonds for the second phase 2010 with the total value of two trillion dong.

The bond issuance lasts from October 11 to December 31, 2010 and it may end before due if the bank raises enough the total value of the bond issuance.

The bonds will be issued under the book entry method with the minimum face value of one million dong and terms of 3 and 6 months and 364 days.

The coupon rate is from 10.8 percent to 10.98 percent per annum.

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