HABUBANK Issues Registered Notes in USD

The Hanoi Housing Bank (Habubank) on March 26, continued to issue its registered notes in US dollars with a total face value of US$30 million. The issuance duration is estimated two months but it may be shortened if US$30 million is collected.

 

With minimal face value of US$100 and maximal face value of US$100,000, customers will enjoy attractive interest, which is put at between 4.9 and five per cent per annum for notes with duration of five months, and between 5.1 and 5.2 per cent per annum for notes with duration of 11 months.

Apart from attractive interest, holders can mortgage, discount or transfer their notes with simple procedures. Notes will have paid its principal and interest once when they fall due. Their payment is made in cash or bank transfer. Habubank will buy notes before duration ends at competitive prices.