Guider to Bond trading
Guidelines for bond trading
1. Conditions for bond trading
- The customer has registered to trade individual bonds at NVS and has been accepted by VSDC at least 01 working day before starting the transaction (or according to the regulations of each period of the management agency);
- The customer is identified as a professional investor according to the provisions of the securities law when purchasing individual bonds;
- The customer has signed the Investor Confirmation before purchasing bonds according to the form prescribed in Appendix V of Decree 65/2022/ND-CP before starting the transaction.
2. Trading time
From Monday to Friday every week, except holidays as prescribed by the Labor Code and announced by HNX. Daily trading sessions include:
Session | Trading method | Trading time |
Morning session | Negotiable transaction | 09:00 – 11:30 |
Lunch break | 11:30 – 13:00 | |
Afternoon session | Negotiable transaction | 13:00 – 14:45 |
3. Types of orders
- Immediate payment order: is a form of transaction in which money and bonds are paid immediately after the order is matched
- End of day payment order: is a form of transaction in which money and bonds are paid at the end of the trading day (T+0).
4. Order placement method
Place orders directly at the counter
5. Order matching method
Order matching method: is a negotiated order matching method in which members agree with each other on transaction conditions.
6. Transaction unit
01 bond
7. Trading volume
- Minimum trading volume: 01 bond
- Maximum trading volume:not exceeding the total registered trading volume of the bond
8. Price unit
01 VND