Vietnam will auction five-year government bonds next week to raise 700 billion dong ($43.4 million), the Hanoi stock market said on Tuesday.
The bonds would be issued on April 25, with a maturity on April 25, 2012, a market statement said.
At the previous auction on Apr. 9, the annual coupon on the 700-billion dong government bond sold to four investors edged up to 7% from a record low of 6.5% last month.
The government has so far this year raised 2.16 trillion dong ($134 million) worth of five-year bonds at four auctions in the Hanoi market, or 54% of the debt on offer, with coupons ranging between 6.5% and 7.62%.
Source: Reuters
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