Markets

Vietnam to auction 9 trillion dong in bonds this week

Published April 23, 2012 Updated April 23, 2012 04:17am

HANOI: The Hanoi Stock Exchange will hold auctions to sell a combined 9 trillion dong ($432 million) worth of bonds for the State Treasury and the Vietnam Bank for Social Policies this week, the exchange said.

The treasury will sell 1 trillion dong worth of two-year bonds and offer 3 trillion dong each of three-year and five-year debt on Thursday, the exchange said in two separate statements seen by Reuters on Monday.

The Vietnam Bank for Social Policies, one of Vietnam's two state policy lenders, will sell government-guaranteed three-year and five-year bonds on Friday, each to raise 1 trillion dong.

Copyright Reuters, 2012