State Treasury to Issue 2-year Bonds across Vietnam
Vietnam’s State Treasury will issue two-year treasury bonds at an annual yield of 9% beginning October 1 through December 25 across the country, the Ministry of Finance said on its website.
The bonds are denominated in Vietnamese dong. State-run organizations are not allowed to use state budget to buy the treasury bonds.
For those who want to sell the debts before the mature date, the treasury will pay a yield of 4% for 6-12 months, 8.4% for 12-18 month and 12.9% for 18-24 months.
Holders who sell the bonds within the first six months will not receive the yield, the ministry said.