Successful VDB's Government backed bond issuance of a total value of VND 1.570 trillion

03/10/2013 12:10

On September 27, 2013, The Vietnam Development Bank mobilized VND 1.570 trillion government backed bonds through the auction session held in Hanoi Stock Exchange

    For the VND 3 trillion auction session, VDB bonds are distributed in four maturities (VND 1 trillion for 2 year tenor, VND 1 trillion for three year bond, and  the rest is divided  equally for 5 year and 10 year tenor ).

   Five entities have participated in the bidding for two 2 year maturity. All 2 year bonds have been sold out at the rate of  8.44%/year, 0,49% higher than the last auction (August 26, 2013).

   Four entities have made bid for three year bonds. At the end,  VND 570 billion worth of three years bonds haven been sold out at winning rate of 8.65%/year, 0,35% higher than the last auction (September 11, 2013).

  There are no successful bidders for the 5 year and 10 year bonds.

   Since the beginning of year, VDB has mobilized VND 25.997 trillion by issuing bonds with government guarantee through Hanoi Stock Exchange./.

Source: VDB

 



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