Government bond auction raises US$33.5 million

Viet Nam Bank for Social Policy successfully sold VND700 billion (US$33.5 million) worth of Government bonds, or 85 per cent of its total call, on the Ha Noi Stock Exchange on Friday.

Three-year bonds worth VND500 billion ($23.9 million) were sold at an interest rate of 10.9 per cent per annum, while five-year bonds worth VND200 billion ($9.6 million) were sold at an interest rate of 11.1 per cent per annum.

Since the beginning of this year, the bank has raised Government-backed bonds worth a total of VND14.63 trillion ($700 million) through auctions

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