HNX holds 6tr-dong G-bonds session
Hanoi Stock Exchange (HNX) announced to hold a tender session on March 10, 2011 for 6 trillion dong government guaranteed bonds issued by the State Treasury. These bonds have three different terms of three years (2 trillion dong), five years (2 trillion dong) and ten years (2 trillion dong).
The bonds have date of issue on March 14, 2011, to be sold at higher or lower than face value.
The coupon will be paid periodically every year on fixed date similar to the due date, from 2012 onwards while the principal to be paid once at maturity date.
The applied bidding method is the competitive coupon bidding.
Tags: Vietnam stock news