DNSE issues $38 mln in public offering bonds to supplement margin lending capital

DNSE Securities JSC has officially launched a bond issuance worth VND1 trillion ($37.94 million) to raise capital for margin lending and advance payment activities in the Vietnamese stock market.

Specifically, the company is offering 10 million bonds under the code DSE125018, each with a par value of VND100,000 ($3.79).

These are non-convertible, unsecured bonds without warrants, with a 24-month term from the date of issuance.

The bonds carry a fixed interest rate of 8.3% per annum for the first two interest periods. For subsequent periods, the rate will be floating, calculated as the average 12-month deposit rate of Vietcombank, BIDV, VietinBank, and Agribank plus 3.5% per annum.

DNSE commits to paying interest semi-annually, ensuring stable cash flow for investors.

The subscription and payment period runs from October 6, 2025 to October 27, 2025. The minimum purchase quantity for both individual and institutional investors is 10 bonds, equivalent to VND1 million ($37.94).

Investors can register to purchase bonds by submitting an application at DNSE’s headquarters, branches, or through the distribution agent, Vina Securities Corporation (VNSC).

This bond offering is part of DNSE’s capital-raising plan approved at its 2025 AGM early this year, which authorized the company to issue up to VND1.2 trillion ($45.52 million) in corporate bonds during 2025.

Additionally, DNSE plans to offer 85.65 million shares to existing shareholders at a minimum price of VND12,500 ($0.47) per share within this year.

Given the robust liquidity in Vietnam’s stock market during Q2 and Q3/2025, DNSE’s margin lending and brokerage segments experienced strong growth.

The capital raised from this bond issuance will help DNSE promptly expand its funding base to meet rising investor demand.

In terms of performance, preliminary data show that DNSE’s accumulated revenue for the first eight months of 2025 reached VND936 billion ($35.51 million), up 81% year-on-year and fulfilling 98% of the full-year target.

Pre-tax profit for the same period reached nearly VND350 billion ($13.28 million), up 98% year-on-year and achieving 107% of the 2025 plan.

The company also recorded a record-high margin loan balance of VND6,591 billion ($250.03 million).

DNSE continued to maintain a leading position in the market for new securities account openings, with over 1.2 million accounts as of August 2025, accounting for 12% of all active accounts in the market.

In the derivatives market, the company remained in the second place with a 24% brokerage market share in August 2025.

Leveraging its technology-driven platform, DNSE was recently among the top distributors of IPO shares for Techcom Securities (TCBS), offering 100% online subscription, providing investors with a convenient and efficient experience.

DNSE plans to continue participating in future IPO distributions using its strong online infrastructure.

In the context of sustained market liquidity and strong business performance, this public bond issuance will enable DNSE to enhance capital for core operations while broadening its product portfolio to deliver optimal returns for investors.

Investors can view DNSE’s detailed guide for purchasing DSE125018 bonds here:

https://hdsd.dnse.com.vn/su-kien-dnse/su-kien-chao-ban-trai-phieu-ra-cong-chung/2025_dse125018/huong-dan-dang-ky-mua-trai-phieu