Settlement Cycle
1. Settlement time for underlying securities transactions
|
Type of securities |
Settlement time |
|
Shares/Fund certificates/Covered Warrants |
Before 13:00 on T+2 day |
|
Listed corporate bonds |
Before 13:00 on T+1 day |
|
Debt instruments |
On T+1 day |
2. Settlement time for derivatives securities transactions
|
Type of securities |
Settlement time |
|
Settlement of profit and loss position, Settlement of index futures contract execution |
11:00 on T+1 day |
|
Settlement of Government Bond Futures |
On E+3 day |
Wherein:
- T day: Settlement date
- T+1 day: The first working day following the transaction date
- T+2 day: The second working day following the transaction date
- E day: Expiry date of the Government Bond Futures Contract
- E+3 day: The third working day following the expiry date
Notes: The actual settlement time depends on the settlement completion confirmation issued by the Vietnam Securities Depository and Clearing Corporation (VSDC).