Yield of G-bond slips to below 10pct pa

08-Jun-2012 Intellasia | Vietnamplus | 11:08 AM Print This Post

Hanoi Stock Exchange (HNX) on June 7 organised a tender for government-backed bonds issued by Vietnam Development Bank (VDB).

Particularly, the offered volume was two trillion dong for 3-year tenor bond and three trillion dong for 5-year tenor bonds.

There were 10 participants for 3-year tenor bonds with valid bid volume of up to 3.4 trillion dong. The yield ranged between 9.45 percent and 11.15 percent p.a. As a result, the raised volume reached 1.5 trillion dong for 3-year tenor bond at the yield of 9.5 percent p.a.

There were six participants for 5-year tenor bond with valid bid volume of 3.16 trillion dong. The yield ranged between 9.38-12 percent p.a. As a result, the successfully raised volume reached 960 billion dong for 5-year tenor bond at the yield of 9.68 percent p.a.

 


Category: Finance

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