Markets

Vietnam to auction 1.5 trillion dong bonds on Dec 22

Published December 20, 2011 Updated December 20, 2011 04:32am

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