Vietnam raises $500 million in government bond auction
Vietnam's State Treasury raised 13 trillion dong ($500 million) in its weekly government bond auction on Wednesday, up from $306 million raised last week. Uptake was higher at 60% of bonds on offer sold, compared with 44% last week.
(Adds details of auction) HANOI, Oct 7 (Reuters) — Vietnam's State Treasury raised 13 trillion dong ($500 million) in its weekly government bond auction on Wednesday, up from $306 million raised last week. The uptake was also higher, with 60% of the bonds on offer sold, compared with 44% last week, according to a Hanoi Stock Exchange filing. 27%. 43%.
It failed to offload any of the combined 2 trillion dong of 3-, 15- and 30-year bonds on offer. The government aims to raise 500 trillion dong from bond sales this year. So far it has raised more than 297 trillion dong. Vietnamese companies have raised 437 trillion dong via bonds this year up to October 2, according to bond market association data.
The total value of corporate bonds maturing during the remainder of this year is 70 trillion dong. com; +84 24 38259623; )