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HNX to tender 2tr dong G-bonds on August 31

30-Aug-2011 Intellasia | Thoi Bao Kinh Te Vietnam page 8 | 6:23 PM

Hanoi Stock Exchange (HNX) announced to hold the tender session for 2 trillion dong government guaranteed bonds to be issued by the Bank for Social Policies.

These bonds will be issued on September 5, 2011 with deposit terms of three years (1 trillion dong) and five years (1 trillion dong). The G-bonds will be sold at price equalling to par value.

The principal will be paid once at the maturity date, while the yield to be paid periodically every year on the same date as the issuance date from 2012 onwards.

The applied method would be the combination between competition and non-competition bidding method.

 


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