With 10 million VND, which bank bond should I buy to get high interest?

(NLDO) – A bank has just issued bonds expected to mobilize 1,300 billion VND with an interest rate of 8.2%/year for the first year.

BVBank has just offered bonds to the public in 2024-2025 (phase 2) after receiving approval from the State Securities Commission.

Accordingly, this bank issued 13 million bonds, with a face value of 100,000 VND/bond, to mobilize 1,300 billion VND. The bonds have a term of 6 years, with the first year's interest rate fixed at 8.2%/year. From the second year, the interest rate is calculated by the reference interest rate (average deposit interest rates of Vietcombank, VietinBank, BIDV and Agribank ) plus a margin of 2.5%/year.

Individual investors can order a minimum of 100 bonds (VND 10 million), while institutional investors require a minimum of 1,000 bonds (VND 100 million). With an interest rate of over 8%/year, this is an attractive investment opportunity with a starting capital of only VND 10 million.

After issuance, BVBank bonds will be registered at the Vietnam Securities Depository and Clearing Corporation and listed on the trading system of the Hanoi Stock Exchange.

Có 10 triệu đồng mua trái phiếu ngân hàng nào để được lãi cao?- Ảnh 1. — Customers can buy public bonds from 10 million VND

According to the reporter, recently, many commercial banks have issued bonds to mobilize tens of thousands of billions of VND. Statistics from VIS Rating show that in November 2024, banks issued about 17,400 billion VND in new bonds.

Vietnam Bond Market Association (VBMA) noted that in November, a series of banks such as TPBank, HDBank, BacABank,ACB , MSB, Vietcombank, LPBank, Eximbank... mobilized capital through the channel of privately issued bonds.

Also according to VBMA, enterprises bought back more than 6,200 billion VND of bonds before maturity in November, down 44% compared to the same period last year. It is expected that in the last month of the year, there will be about 42,000 billion VND of bonds maturing, mainly in the real estate sector.

In the first 11 months of 2024, the total value of corporate bond issuance in the whole market reached more than VND 374,000 billion, an increase compared to VND 338,000 billion in the same period last year.