HNX to tender 7tr dong worth of G-bonds on May 11

Hanoi Stock Exchange (HNX) has said that it would organise a tender for six trillion dong worth of government-backed bonds issued by the State Treasury on May 11, including three trillion dong for 3-year tenor bond and another three trillion dong worth of 5-year tenor bond.

The tender will combine competitive and non-competitive interest rate methods. The volume of bonds under non-competitive interest rate method will not exceed 30 percent of the total offered volume.

The principal will be paid once when due and the interest will be paid periodically every year on May 15 from 2013 till the due year.

Also on May 11, HNX will hold a tender of G-bonds for the 32nd tranche of 2012 to supplement for the 26th tranche of 2012, issued by the State Treasury.

The offered volume would be one trillion dong for 2-year tenor bond. The bond will be issued under the book entry method and listed with the bond code of TD1214029 of 2-year tenor bond issued on April 15, 2012 via tender at HNX.

The tender will combine competitive and non-competitive interest rate methods. The volume of bonds under non-competitive interest rate method will not exceed 30 percent of the total offered volume.

The principal will be paid once when due and the interest will be paid periodically every year on April 15 from 2013 till the due year.

 

Category: Stocks