Government to raise 2tr dong worth of bond via tender on November 3

Hanoi Stock Exchange (HNX) has said that it will organise an auction for two trillion dong worth of government bond on November 3 via the northern bourse.
These bonds include terms of 3- and 5-years worth one trillion dong each.

Five-year bond will apply competitive interest rate method and 3-year bond will apply the combination between competitive and non-competitive interest rate method.

The principal of both two terms will be paid once when due and the bond yield will be paid yearly on the issuing date.

These bonds will be issued on November 7, 2011. – Source: Vietbiz24.com

Tags: Vietnam banking industry, Vietnam bonds, Vietnam finance, Vietnam financial

Posted by VBN on Nov 1 2011. Filed under Banking-Finance. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry