State-run Vietnam Development Bank (VDB) has sold 400 billion dong ($24.8 million) worth of 15-year bonds at an auction, with an annual coupon of 8.4 percent, the Hanoi stock market said on Wednesday.
The over-the-counter exchange said three bidders sought to buy the debt at between 8.2 percent and 10 percent on Tuesday, when VDB offered 600 billion dong worth of the bond.
It gave no details of the buyers of the debt which VDB, one of Vietnam's two policy lending banks, will issue on Thursday for maturity on July 26, 2022.
The coupon of the bond sold on Tuesday was higher than the that of the bank's 15-year bond worth 500 billion dong sold on June 18 which carried a coupon of 8 percent.
Source: Reuters
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment