Nearly $38 Billion Worth Of G-bonds Raised

The Hanoi Stock Exchange (HNX) on Monday raised nearly VND880 billion (US$37.84 million) worth of government bonds.

The government bond notes were backed by the Vietnam Bank for Social Policies (VBSP) with maturity of 15 years.

Five investors took part in the auction and the successful bid annual yield rate was 4.7 per cent, 0.05 per cent higher than the previous rate recorded on September 23.

Since the beginning of the year, the VBSP has raised total VND3.7 trillion worth of government bonds at the HNX.

A total of nearly VND154 trillion worth of government bonds have been raised since the beginning of the year.

http://bizhub.vn/banking/nearly-38 billion-worth-of-g-bonds-raised_309612.html

 

Category: Finance, Vietnam

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