VDB sells $26.6m of G-bonds

tohang

The Viet Nam Development Bank sold VND600 billion (US$26.6 million) worth of Government-guaranteed bonds (G-bonds) on December 21.

The Viet Nam Development Bank sold $26.6 million worth of Government - guaranteed bonds on December 21. — Photo doanhnghiepvn.vn

HA NOI (Biz Hub) —The Viet Nam Development Bank sold VND600 billion (US$26.6 million) worth of Government-guaranteed bonds (G-bonds) on December 21.

According to the G-bond auction organiser, the Ha Noi Stock Exchange, the bank offered VND850.7 billion ($37.7 million) of three-year, five-year and 15-year bonds.

After the auction, it sold all VND400 billion ($17.7 million) of the three-year bonds offered at a coupon rate of 6.4 per cent per year.

Of the total VND300 billion five-year bonds offered, the bank sold VND200 billion ($8.9 million) at a coupon rate of 7.35 per cent per year.

HNX said there was no investor demand for 15-year bonds, thus the entire VND150.7 billion ($6.68 million) of bonds of this type was unsold after the auction. — VNS

  • Share:

see also

Caution arises as state divestment strategy potentially poses risks

Caution arises as state divestment strategy potentially poses risks

The Hà Nội Stock Exchange has announced that on December 26, it will hold an auction to divest a block of Thăng Long JSC shares owned by State Capital Investment Corporation, with a starting price of over VNĐ222.6 billion (US$8.7...
Stock market continues to consolidate amid cautious sentiment

Stock market continues to consolidate amid cautious sentiment

The VN-Index remained largely sideways during the first three sessions of the week, facing significant selling pressure on Thursday (December 19), while staging a modest recovery in the final trading session.
SSC strengthens role in mobilising medium and long-term capital

SSC strengthens role in mobilising medium and long-term capital

Strategic efforts in legal framework development, market supervision and technological modernisation played a key role in maintaining stability and investor confidence in 2024.
Market tumbles as liquidity surges

Market tumbles as liquidity surges

Market breadth was overwhelmingly negative, with 244 stocks declining compared to just 71 advancing. Trading value on the southern bourse rose sharply to VNĐ17.8 trillion (approximately US$698.9 million), marking a 40.1 per cent increase from the previous session.
Tasco to issue 179 million shares for subsidiary investments

Tasco to issue 179 million shares for subsidiary investments

The offering is expected to raise VNĐ1.78 trillion, which will be invested in subsidiaries, including Tasco Auto, Tasco Insurance  and VETC JSC.