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Over VND2 trillion in Government bonds mobilised

Update: April, 06/2013 - 09:18

HA NOI (VNS)— A total of VND2.1 trillion (US$100 million) worth of Government bonds was sold this week, according to the Ha Noi Stock Exchange.

VND1.75 trillion ($83.3 million) worth, or 35 per cent of the bonds issued by the Viet Nam Development Bank, found buyers on Wednesday alone. Bond yields ranged between 8.8-9.4 per cent.

On Tuesday, the Bank for Social Policies put up VND1 trillion worth of bonds ($47.6 million) but only VND350 billion ($16.6 million) was raised. The bonds yielded 9-9.29 per cent.

Since the beginning of this year, the two banks have raised nearly VND12.1 trillion ($576.1 million) through bond auctions.-VNS

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