HA NOI (Biz Hub) — Prudential Vietnam, a local branch of the UK-based insurance and financial services company Prudential, on Monday bought investment certificates for the first ever issued 30-year bonds, worth VND500 billion (US$22.21 million).
In addition, Prudential committed to investing another VND5.5 trillion ($224.39 million) in bonds of the same term in 2016, bringing the total value of its investment in government bonds to VND6 trillion ($266.6 million) this year.
Last July, Prudential Vietnam spent VND3.2 trillion ($147.5 million) on Vietnamese sovereign bonds that mature in 20 years.— VNS