Vietnam to auction 1.5 trillion dong bonds on Dec 22

HANOI: Vietnam's State Treasury will auction 1.5 trillion dong ($71.39 million) of government bonds later this week, the
20 Dec, 2011

The treasury will sell three-year bonds to raise 1 trillion dong and 10-year bonds worth 500 billion dong on Thursday, the exchange said in a statement seen on Tuesday.

At the last auction on Dec. 15, the treasury sold 600 billion dong of three-year bonds at a yield at 12.10 percent and 100 billion dong of 10-year debt at a yield of 11.20 percent.

Copyright Reuters, 2011

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