VBSP raises 300 billion VND from bond sales
Wednesday, 09:09, 23/04/2014
The Vietnam Bank for Social Policies (VBSP) raised VND300 billion (US$14.2 million) through government guaranteed bonds auctioned in Hanoi on April 22.
The bonds, of five and three-year maturity, were sold through the Hanoi Exchange Market.
The VBSP sold out VND100 billion three-year bonds at the yield of 6.8 percent annually, down 0.1 percent from the previous auction on April 4.
The bank also mobilised VND200 billion five-year bonds with annual interest rate of 7.6 percent, down 0.09 percent compared with the auction of April 14.
VBSP has so far this year mobilised VND3,651 billion (US$182 million) through the sales of Government backed bonds.