Tuesday, March 27, 2007

State Bank of Vietnam sells treasury bills

The State Bank of Vietnam sold all of an offered VND700 billion (43.7 million US$) in one-year treasury bills at an auction.

The central bank sold the debt Monday to one commercial bank that attended the session at an annual interest rate of 3.74 percent, the executive said without naming the bank.

The central bank last sold VND700 billion of one-year paper to three commercial banks at an annual yield of 3.85% on March 12.

Source: Thanh Nien

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