VDB successfully mobilized VND 2 trillion G-bonds
16/01/2015 02:01
On January 14th, 2015, the Hanoi Stock Exchange held the first auction of G- bonds issued by the Viet Nam Development Bank (VDB) in 2015.
The offered amount is VND 3 trillion distributed in two tenors of 5 years (VND 2 trillion) and 10 years (VND 1 trillion).
There were 11 bidders registering for VND 6.929 trillion of 5 year bond seeking yields of 6.20%- 7.10% per year. As a result, VND 2 trillion of 5-year bond was sold out at of 6.62%/year, 0.38% lower than the last auction (December 26th, 2014); The auction of 10-year bond was not successful.