Gov’t bonds fetch additional 80 million USD

The Hanoi Securities Trading Centre announced on Mar. 24 that it has successfully auctioned US dollar-denominated government bonds, worth totally 80.01 million USD.

These are amongst the two-year government bond package worth a total of 100 million USD, issued by the State Treasury.

Thirteen investors joined in the bidding, registering to buy up to 494 million USD worth of bonds. The lowest coupon registered by bid was 1.95 percent and the highest 6 percent. The winning bidders will receive interest at a rate of 3.2 percent per year.

The bonds, each has a face value of 100 USD, were released on Mar. 24 and will be listed at the HaSTC. Its interest will be paid once a year on the day of issuance.

This tranche of bonds was the second of three planned to raise capital for key projects and offset the State budget deficit.

Last week, the HaSTC also sold out 100 million USD worth of one-year government bonds, with a winning interest rate of 3 percent per annum./.

Vietnamplus

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