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| The State Treasury sold VND1.1 trillion on bond auction on Wednesday. Photo vietnamplus.vn |
HA NOI (Biz Hub) — The State Treasury sold VND1.1 trillion (US$52.27 million) of VND3 trillion (more than $142 million) worth of bonds offered at auction on Wednesday.
The Treasury put up VND1 trillion ($47.52 million) worth of two-year, three-year and five-year bonds each.
After 25 parties registered seeking yields of between 6.99-8 per cent for two-year bonds, the Treasury finally sold all of them at a yield of 7 per cent. There were 10 registered bidders looking for yields of between 7.43-8.5 per cent for three-year bonds. Treasury sold VND100 billion ($4,750) at a yield of 7.45 per cent.
No five-year bonds were sold. The Treasury has mobilised nearly VND96,814 trillion ($4.6 billion) from bond auctions since early this year. — VNS