Vietnam raises $441 million in government bond auction
- The treasury sold 11.5 trillion dong out of 19.5 trillion dong of 10-year bond on offer, at a coupon of 4.09%
HANOI: Vietnam’s State Treasury raised 11.5 trillion dong ($441 million) in its weekly government bond auction on Wednesday, up from the $424 million raised last week.
The uptake was lower, with 52% of the bonds on offer sold, compared with 71% last week, according to a Hanoi Stock Exchange filing.
The treasury sold 11.5 trillion dong out of 19.5 trillion dong of 10-year bond on offer, at a coupon of 4.09%.
The treasury failed to sell any of the combined 2.5 trillion dong of 5-, 15- and 30-year bonds offered.
Vietnam has so far this year raised 52.4 trillion dong from government bond sales. *
Vietnamese companies raised 8.4 trillion dong via bonds in the year to February 13, according to bond market association data.
The total value of corporate bonds maturing during the remainder of this year is 195.7 trillion dong.
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