Shares

Sixth, the current Securities Law only stipulates that commercial banks when issuing shares to the public for the first time (IPO) must have a financial advisory organization, but it is not required to have a unit that guarantees the issuance. Should there be an issuance guarantee, investors will ...

In the diagram above we see a Vietnamese company with a debt in USD of 100 million. To hedge against currency risk (exchange rate risk), this company has entered into a swap transaction with a bank. We understand the above diagram as follows: Suppose a Vietnamese company has a foreign currency debt ...