Over $71.7mil. raised from Gov’t bonds - News Summed Up

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Over $71.7mil. raised from Gov’t bonds


raised from Gov’t bondsThe State Treasury of Vietnam raised a total of 1.615 trillion VND (71.77 million USD) during an auction of government bonds worth 6 trillion VND at the Hanoi Stock Exchange (HNX) on May 23. Accordingly, on offer were five-year and 20-year bonds worth 1 trillion VND each and 10-year and 15-year bonds valued at 2 trillion VND each. Bonds with 10-year maturity raised 700 billion VND with an annual interest of 4.26 percent, up 0.03 percent from the previous auction. Since early 2018, the State Treasury raised over 57.6 trillion VND via auctions at the HNX. The bonds had an average annual interest rate of some 6.07 percent, down 0.2 percentage points against 2016, according to the Ministry of Finance.-VNA


Source: VietNamNet News May 23, 2018 15:11 UTC



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