Wednesday, January 31, 2007

Government bond auction announced

The State Treasury has announced its plan to auction government bonds with total value of 12.5 trillion VND (781mio US$) during the first quarter of this year.
Of the total sum, 5 trillion VND in treasury bills will be sold through the State Bank and 7.5 trillion VND in government bonds will be auctioned at the securities trading centres.
The State Treasury will open six auction sessions in the first three months, expecting to raise between 300 billion VND and 1 trillion VND in each session.
However, the government bonds' auction at the securities trading centre depends on the disbursement pace of transport and irrigation projects

Source: VNA

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