Successful VDB's Government backed Bond issuance of VND 1.25 trillion
16/12/2013 05:12
On December 10, 2013, the Hanoi Stock Exchange (HNX) held an auction of government-backed bonds issued by the Vietnam Development Bank (VDB).
The 2-year bond attracted six bidders for a bidding volume of VND 2.45 trillion at seeking yields from 8.19% to 8.45% per year. VND 1 trillion of 2- year bond was sold out at the yield of 8.33%/year, 0.12% lower than the previous auction (December 3, 2013).
There were three bidders for the 5- year bond with valid bidding volume of VND 280 billion for yields from 9.43% to 9.45% per year. As a result, VND 250 billion of 5-year bond was sold with winning rate of 9.45 %/ year, equal to the winning rate of previous auction (December 3, 2013).
Since the beginning of year to date, VDB has mobilized VND 38.082 trillion of G-bond through HNX. /.