Gov’t bonds worth 100 million USD sold out

The Hanoi Securities Trading Centre announced on Mar. 20 that it has successfully auctioned government bonds, worth 100 million USD, issued by the State Treasury.

The bonds, with a maturity of one year and a face value of 100 USD each, have an interest rate of 3 percent per annum.

The bonds will be released on March 24 and listed at the HaSTC. Its interests will be paid once a year on the day of issuance.

This is the first issuance of government bonds in US dollar this year. The government plans to issue bonds worth totally 300 million USD on the domestic market in 2009 to mobilise capital for key projects and make up for the State budget deficit./.

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