Vietnam treasury to auction vnd2 trillion government bonds on nov 17

The State Treasury of Vietnam will open a price competitive auction for VND2 trillion worth of government bonds distributed equally for 3-year and 5-year tenors at the Hanoi Stock Exchange at 14:00 Nov 17, the bourse said.

The principal will be paid at maturity and coupons will be paid annually on Nov 7 for 3-year bonds and Sept 6 for 5-year tenor until the bonds mature.

The State Treasury on November 10 failed to sell any VND2 trillion worth of government bonds on high yield expectations which were 0.3-0.35% higher than the previous winning ones in the auction on Nov 3.

Vietnam Bank for Social Policies (VBSP) will also a price and non-price competitive auction for VND1.2 trillion worth of government bonds for 3-year and 5-year tenors at the Hanoi Stock Exchange at 14:00 Nov 18, the bourse said.

In total, Vietnam sold VND33.8 trillion worth of government bonds or 75.2% of the annual target in 9M/2011, said the Ministry of Planning and Investment at the biannual meeting held by the National Assembly on Oct 20.

The SBV net pumped VND4.242 trillion on open market operations from Nov 7 to Nov 11, as compared to the net injection of VND1.166 trillion in the previous week.

Source Sophie/ StoxPlus

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

Posted by VBN on Nov 16 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