Government to auction VND2 trillion worth of bonds

Government bonds worth a total 2 trillion VND will be put up for auction at the Hanoi Securities Trading Centre (HaSTC) on May 20, the centre has announced.

The bonds will be issued by the Social Policy Bank on May 22 and have a maturity of 2 years.

The auction will combine competitive and non-competitive bids with the total bonds for non-competitive bidding not exceeding 30 percent of the total bonds for auction.

The bonds will be sold at face value in the form of book entry and be listed on the HaSTC.

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