State-run Vietnam Development Bank has sold 500 billion dong ($31 million) in 15-year bonds at a yield of 8%, the over-the-counter Hanoi stock market said on Tuesday.
A statement from the exchange said the bank had offered 1 billion dong in the June 2022 bonds at an auction on Monday, but only sold half the amount after two bidders had put in bids from 7.9% to 10%.
The accepted yield is 0.25 point lower than a Ho Chi Minh City 15-year urban bond sold on June 12.
The Hanoi market has said it will auction 700 million dong in 5-year State Treasury bonds on June 25.
Source: Reuters
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