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Vietnam to auction 4tn dong bonds on Sept 1

HANOI : Vietnam's State Treasury will auction 4 trillion dong ($192 million) of government bonds at the Hanoi Stock Exch
Published Updated

bondsHANOI: Vietnam's State Treasury will auction 4 trillion dong ($192 million) of government bonds at the Hanoi Stock Exchange this week, the exchange said.

The treasury will sell three-year and five-year bonds, each to raise 2 trillion dong, on Thursday, the exchange said in a statement on Monday.

In its last auction on Aug. 25, the State Treasury sold 1.45 trillion dong of three-year bond at a yield of 12.34 percent, and 1.5 trillion dong of five-year debt at a yield of 12.50 percent.

 

Copyright Reuters, 2011

 

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