Vietnam: Guidance on the reporting by depository

According to Circular No. 77/2020/TT-BTC of the Ministry of Finance of Vietnam, guidance on the reporting by depository is as follows:

1. The depository shall submit reports on bond trading results, registration and depositing of corporate bonds issued through private placement as prescribed:

- The number of issuers sorted by form of enterprise, including publicly-traded company, non-publicly traded joint-stock company and limited liability company, the number of bond issues (including the issuance of convertible bonds, guaranteed bonds, warrant-linked bonds, and green bonds);

- Main conditions and terms of bonds to be issued and issuance results;

- Average interest rate on bonds of each term;

- Market and location of bond issuance;

- Information on the registration, depositing and trading of corporate bonds, including:

+ The number of enterprises carrying out registration and depositing of bonds, and the number of bonds registered and deposited during the period; the number of bonds traded during the period.

+ The payment of bond principals and interests;

+ The number of bondholders of each bond code.

2. Recipients, form and method of submission of reports:

- Reports on bond trading results shall be electronically sent to HNX (email: traiphieudoanhnghiep@hnx. vn);

- The depository shall periodically send paper reports on registration and depositing of corporate bonds issued through private placement and their electronic files to HNX – No. 2, Phan Chu Trinh Street, Hoan Kiem District, Hanoi City (email: traiphieudoanhnghiep@hnx. vn).

3. Deadlines for submission of reports:

- Report on bond trading results prescribed in Point 2 shall be submitted within 01 working day from the completion of transfer of bonds;

- Monthly, quarterly and annual reports on the information prescribed in Point 2 shall be submitted respectively within 05 days of the following, 10 days of the first month of the following quarter and by January 25 of the following year.

View more details at Circular No. 77/2020/TT-BTC of the Ministry of Finance of Vietnam, effective from September 28, 2020.

Ty Na

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