Vietnam raises US$74mil in government bond auction


Vietnam raised 298.5 trillion dong from government bonds, the State Treasury said. — Vietnam News

HANOI: Vietnam raised 1.798 trillion dong, equivalent to US$73.78mil, yesterday selling government bonds at an auction on the Hanoi Stock Exchange, down from US$146mil raised last week.

The State Treasury sold one trillion dong worth of 10-year bonds with a 2.2% coupon, 780 billion dong of 15-year bonds with a 3% coupon. There were no takers for its offer of one trillion dong of five-year bonds and 3.45 trillion dong of 15-year bonds.

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