On February 8, 2012, Hanoi Stock Exchange held the auction of Government backed bonds issued by the Vietnam Development Bank (VDB). The interest rate of 3 year term is 12.2%/year, and 12.25%/year for 5 year. All the tendered amount has been sold.

This is the first VDB‘s bonds issuance through the auction in 2012 with total amount of VND 4,000 billion for 3-year term and 5-year term, representing VND 2,000 billion each.

The tender was participated by 9 organizations with total tendered amount of 6,338 billion VND. For the 3-year term, the lowest registered interest rate is 12.15%, the highest 14.00%/year. With the 5-year term, interest rates are respectively 12.22%/year and 12.45%. The winnning interest rate of 12.25%/year with an amount of VND 2000 billion.

So, for the first issuance in 2012, by auction in Hanoi Stock Exchange, VDB has successfully mobilized VND 4,000 billion, reached 100% of tender amount.