VCSC raised VNĐ800 billion bonds

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HÀ NỘI — Viet Capital Securities Corporation (VCSC) has reportedly raised VNĐ800 billion (US$34.4 million) via corporate bond issues.

The firm’s corporate bonds are unconvertible with the par value of VNĐ10 million and maturity term of 24 months.

Domestic investors bought VNĐ621.4 billion worth of VCSC bonds while foreign investors bought VNĐ178.6 billion.

Most domestic bondholders were individuals with total purchasing value of VNĐ617.4 billion. Only four domestic institutional investors joined the race, buying VNĐ4 billion.

The VCSC has listed nearly 163 million shares on the Hồ Chí Minh Stock Exchange, and fell 1 per cent to end Friday at VNĐ39,000 ($1.68). — VNS

Tags Vietnam issue bonds Vietnam News VCSC news

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