HNX to tender 3tr dong worth of G-bond on July 19

Hanoi Stock Exchange (HNX) has said that it will organise a tender for three trillion dong worth of government-backed bond issued by the State Treasury on July 19 via the northern bourse.

Accordingly, the State Treasury will offer one trillion dong worth of 2-year tenor bond that will be issued on July 15, 2012 and mature on July 15, 2014.

For 5-year tenor bond, the issuing date is on July 15, 2012 and the maturity date is on July 15, 2017 with offered volume of two trillion dong.

The bond will be issued under the book entry method, sold at par or below or higher than par value and listed on the northern bourse.

The principal will be paid once when due and the yield will be paid every year on July 15 from 2013 till the maturity year.

The time to submit bidding document is before 2:00 pm July 19, 2012 and the tender result will be announced on the same day.

In previous week, on July 5, HNX also organised a tender for five trillion dong worth of G-bond issued by the State Treasury for 2, 3 and 5-year tenors. The raised volume for 3- and 5-year tenor bonds reached 300 billion dong and 200 billion dong at the yield of 9.45 percent per annum (p.a.) and 9.6 percent p.a. The tender for 2-year tenor bond failed.

 

Category: Finance