Vietnam Bank for Social Policies (VBSP) was established in 2002 and is headquartered in Hanoi, Vietnam. The bank is dedicated to alleviating poverty and ensuring social welfare by providing financial services to low-income individuals and communities. VBSP's key offerings include preferential loans for social projects, housing finance, and support for agriculture and rural development.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| VBSP 2.50% 2028-11-10 VNDVietnam Bank For Social Policies | Vietnam | 2028-11-10 | 2.500 | 2.94 |
| VBSP 3.10% 2033-11-17 VNDVietnam Bank For Social Policies | Vietnam | 2033-11-17 | 3.100 | 3.57 |
| VBSP 3.10% 2038-12-05 VNDVietnam Bank For Social Policies | Vietnam | 2038-12-05 | 3.100 | 4.14 |
| VBSP 5.90% 2033-10-23 VNDVietnam Bank For Social Policies | Vietnam | 2033-10-23 | 5.900 | 3.65 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
VBSP commenced its bond issuance program in 2004, with the intent to raise funds for its social lending initiatives. Notably, in 2021, the bank issued VND 1 trillion in bonds, aimed at financing social security projects and rural development programs. Current yields on VBSP bonds typically range around 4.5% to 5.5%, which are competitive within the Vietnamese bond market. The bonds are often characterized by their lower risk profile due to government backing, positioning them as an appealing option for socially-conscious investors.