Friday, July 13, 2007

Vietnam to sell $1 bln of dollar bonds in Q3

The Vietnamese government plans to sell $1 billion of dollar-denominated sovereign bonds in the third quarter this year to raise funds for major infrastructure projects, a Finance Ministry official said on Friday.

"Preparation is under way for the sale of the bonds and we are selecting an international financial organisation to advise the issue," the official, who asked not to be identified, told Reuters.

Source: Reuters

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