VDB sells 2.25 per cent of bonds on offer

State-owned Viet Nam Development Bank (VDB) this week sold 2.25 per cent of VND4 trillion (US$190 million) in bonds offered on Tuesday.

VND90 billion ($4.28 million) of three- and five-year bonds were auctioned, at yields of 8.3 and 9.1 per cent per annum, respectively, while the bank failed to sell two-and ten-year bonds.

Year to date, VDB has offered VND24.147 trillion in bonds via auctions.

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