No.

Features

Conditions and Applicable Fees

1

List of Marginable Securities

List of Marginable Securities is available on RHBSVN’s website: RHB Securities Viet Nam

2

Lending Ratio

From 20% to 50%, subject to counter’s stock grading of the Company

3

Base Interest Rate

Base interest rate of each stock grade is as follows:

·       Grade A: 9% p.a

·       Grade B: 10% p.a

·       Grade C: 11% p.a

·       Grade D: 12% p.a
- List of graded stocks is available on RHBSVN’s website: RHB Securities Viet Nam
- The interest rate may be subject to changes according to the market situation and/or credit limit, which will be notified by RHBSVN.   
- Based on special request on specific product offerings during each period, the interest rate for margin lending for certain customers may be higher or lower than the standard margin lending interest rate.     
                                            
Please contact the email rhbsvn.contact@rhbgroup.com for the best advice and support.

4

Interest Rate

- Interest rate is determined on a daily basis and subject to the portfolio weight of stock counters in the margin account, specifically:

·       If 01 counter under Grades B, C or D constitutes ≥ 70% of the total value of marginable list in the margin account: interest rate is the base interest rate at Grade D (11%).

·       In other cases: Interest rate is the weighted average of base interest rates corresponding to the weightages of Grades A, B, C and D stocks in the marginable list.

-  Stock value is determined on a daily basis and based on the nearest closing price (P) according to the following formula:

Stock value = P x Number of stocks

Note: number of stocks includes stocks available in the margin account and pending stocks after orders are matched.

-  Total value of the marginable portfolio: Total value of marginable securities in the margin account.

5

Overdue Interest Rate

equal to 150% of Due Interest rate on Outstanding balance

6

Loan Tenure

Maximum of 3 months

7

Rollover/Renewal Fee

-  Maximum of 4 times

-  First renewal: Free

-  Second, third and fourth renewals: 0.15% of renewed loan amount

8

Initial Margin Ratio

Margin Ratio = 50% or (Rtt ≥ 100%)

9

Maintenance Ratio

Margin Ratio = 45% or (Rtt ≥ 91%)

10

Margin Call

Margin Ratio ≤  40% or (Rtt ≤ 85%)

11

Force Sell

Margin Ratio ≤  30% or (Rtt ≤ 80%)