VDB issues VND4.45 trillion in Government bonds

Nhan Dan – The Vietnam Development Bank (VDB) successfully auctioned Government bonds with a total face value of VND4.45 trillion (US$213.6 million) through the Hanoi Stock Exchange (HNX) on May 15.
VDB issues VND4.45 trillion in Government bonds

According to an HNX report, VND2.5 trillion in two-year bonds were issued at an annual yield of 8.6%, down 20 basis points from the previous auction.

The three-year bond yield also dropped 0.3 percentage point to 8.7% per annum. The total face value of three-year notes issued was VND1.45 trillion (US$69.6 million).

For five-year bonds, VND500 billion (US$24 million) were issued at an annual yield of 9.25%, which was unchanged from the previous auction.

Year to date, the VDB has issued VND19.972 trillion (US$ 958.656 million) worth of Government bonds.