Habubank to Issue US$10Mln Bills Next Week
Hanoi Building Joint Stock Commercial Bank (Habubank) will issue bills in US dollars worth US$10 million in face value in the second tranche on September 18, state media said Friday.
The bank will issue the bills, which have the face value of US$200 to individual and US$10,000 to institutions within 60 days or sooner with seven-month term and annual coupon of 5.4 per cent and 5.55 per cent for eleven-month term.
These bills can be transferable.
Habubank issued US$30 million bills in the first tranche in March of this year
Habubank, founded in 1988 in Hanoi, is the first joint stock commercial bank in Vietnam. It currently has 21 branches with around 560 employees providing retail and business banking services. It has recently received the award “Vietnam Bank of 2006” from The Banker magazine. (Vietnam Economic Times)
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