Frequently asked questions

The issuer is the party that pays the bond principal and interest through the Payment Agent. In case NVS is also the Bond Payment Agent, after receiving money from the Issuer, NVS will distribute the money to bondholders in accordance with the ownership ratio and as prescribed in the Bond Terms and Conditions

Bond principal and interest will be transferred to the customer account registered at NVS when performing bond trading transactions.

To become a Professional Investor, Customers need to meet the conditions prescribed by the Securities Law 2019, Decree No. 155/2020/ND-CP dated December 31, 2020 and Decree No. 65/2022/ ND-CP dated September 16, 2022. Specifically:

A professional securities investor is an investor with financial capacity or expertise in securities including:

a) Commercial banks, foreign bank branches, financial companies, insurance business organizations, securities companies, securities investment fund management companies, securities investment companies, investment funds Securities investors, international financial institutions, off-budget state financial funds, and state financial institutions may purchase securities in accordance with relevant laws;

b) Companies with contributed charter capital of over 100 billion VND or listed organizations or organizations registered for trading;

c) People with securities practice certificates;

d) Individuals holding a portfolio of listed securities, registered for trading with a minimum value of 02 billion VND determined by the average daily market value of the securities portfolio for a minimum period of 180 days immediately before the date of determining the status of a professional securities investor, excluding the value of loans for margin transactions and the value of securities for resale transactions. The determination of a professional securities investor at this point is valid for 3 months from the date of confirmation;

e) The individual has a taxable income in the most recent year of at least 01 billion VND by the time that individual is determined as a professional securities investor according to the tax declaration submitted to the tax authority or Tax deduction voucher of the paying organization or individual.

•  For bonds deposited at NVS, customers do not need to open an account, can trade directly, contact Operations department staff for support in purchasing bonds.
• Customers having an intention to sell/transfer bonds need to proactively find a counterpart buyer, then complete bond transfer procedures at NVS.
• Customers who want to buy bonds issued after January 1, 2021 need to meet the conditions of being a professional securities investor at the time of purchase according to the provisions of law.