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Investors snap up Government bonds

Update: June, 08/2013 - 08:45

HA NOI (VNS) — The State Treasury sold out VND2 trillion (US$95.2 million) worth of five-year term bonds on Thursday. The bonds' yield was 7.3 per cent per year, a decline of 0.48 per cent compared to the previous bidding.

Meanwhile, the Bank for Social Policies sold only half of its bond value yesterday. Among VND1 trillion ($47.6 million) worth of three-year and five-year bonds, VND500 billion ($23.8 million) of three-year bonds was sold, yielding 7.5 per cent.-VNS

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