The yield on Vietnam's five-year government bond sold this week inched down to 7.1% from 7.15% at last month's auction, the Hanoi stock market said on Wednesday.
The government sold 400 billion dong ($24.8 million) of the paper on Tuesday after investors sought yields of between 7 and 8%, it said in a statement.
The bonds carry a coupon of 7.8% and mature on March 19, 2012.
Tuesday's sale completed a three-tranche sale of the bond issued by the government to raise 1 trillion dong ($62 million) for development projects this year.
The first two tranches of the bond raised a combined 600 billion dong.
Vietnam's Finance Ministry plans to sell 22 trillion dong ($1.37 billion) worth of government bonds between March and the end of the year to invest in transport and irrigation projects.
Source: Reuters
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