Trading regulations of Privately Placed Corporate Bonds

Trading of Privately Corporate Bond is placed from Monday to Friday, excluding holidays as prescribed by the Labor Code. 

Trading session Trading hours

Put – Through session I

09:00 – 11:30

Lunch Break

11:30 – 13:00

Put – Through session II

13:00 – 14:45

  • No specified

  • Type of trading: Outright.

  • Electronic put-through transaction is a type of transaction in which the trading member inputs a buy/sell order with firm commitment into the trading system or selects a corresponding order available on the trading system for executing the transaction.

  • Common put-through transaction is a type of transaction in which the buyer and the seller negotiate trading conditions themselves and then enter the negotiation results into the trading system for establishing the transaction.

  • Trading volume unit: 01 bond.

  • Minimum trading volume: 01 bond. 

  • Lot size: Not specified. However, the maximum trading volume does not allow to exceed the registered bond trading volume.

  • Quotation unit: VND 01.

  • Time for payment: T-day. 

  • Payment method: Investors can choose one of two forms of payment: instant payment or payment at the end of day.

  • Instant payment: The transaction will be paid within the trading hour. Investors receive money and private bonds after the order is matched and the parties complete the payment of money/Private bonds with the Vietnam Securities Depository. 

  • Payment at the end of day: Investors will receive money and private bonds after trading hours.

  • Executed orders: Cannot be amended or canceled.

  • Unexecuted orders: Allowed to amend or cancel.

  • For investors selling private bond: Private bonds are needed to be deposited before making transactions.

  • For investors buying private bond: Need to deposit 100% of the money into the securities account and be a Professional Securities Investor before making transactions.