Government Bond Auction Raises VND300 Bln

As much as VND300 billion (US$18.5 million) worth of Government bonds were auctioned recently at the Hanoi Securities Trading Centre.

 

The five-year bonds, bearing a face value of 100,000 VND, will be issued by the State Treasury on Jan. 24.Notably, attendants registered to buy VND2,060 billion, 6.9 times higher than the offering of VND300 billion. In the end, the bid-winning annual interest rate was 7.9 per cent. In the near future, the bonds will be listed on the securities trading centre.