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View Full Version : US$10 million worth of government bonds sold



phuocpham
01-09-2009, 11:52 PM
The Hanoi Stock Exchange on August 31 auctioned off US$10 million worth of government bonds out of a total US$50 million put up for sale during the third bidding session of the year.

The three-year bond, issued in US dolar by the State Treasury, has a face value of US$100. The lowest offered interest rate is 3.8 percent and the highest is 5 percent per year. The successful bid interest rate is 3.9 percent per year.

During the first bidding session on August 24, the State Treasury earned US$100 million from the government bonds.

On August 26, it sold US$47 million worth of government bonds at auction out of a total US$100 million up for sale during this year’s second bidding session.