Vietnam BIDV to raise $500 mln via offshore bonds in 2013

Vietnam's central bank said on Wednesday it has allowed state-run lender BIDV to raise $500 million via issuing offshore bonds within 2013, the first this year by a local bank.

The amount to be raised by the Hanoi-based unlisted bank is within Vietnam's sovereign bond value allowed to be raised this year, the State Bank of Vietnam said in a statement, without giving any other details of the debt paper.

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