Treasury plans VND70 trillion government bond issue

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The State Treasury of Viet Nam has announced plans to issue Government bonds in the second quarter of this year, worth around VND70 trillion (US$3.34 billion).

Viet Nam plans to issue bond worth around VND70 trillion this year. — Photo dangcongsan.vn

HA NOI (Biz Hub) — The State Treasury of Viet Nam has announced plans to issue Government bonds in the second quarter of this year, worth around VND70 trillion (US$3.34 billion).

Of these, bonds with three-year maturity would make up for 25.7 per cent, or VND18 trillion ($857 million), followed by five-year bonds with 24.3 per cent and two-year bonds with 21.4 per cent value. The rest were bonds with maturity values of below one year, and 10-year and 17-year bonds.

According to the Ministry of Finance, the State Treasury raised government bonds worth VND83 trillion ($3.95 billion) in the first quarter of this year, making up for 35.8 per cent of the year's target.— VNS




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