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Treasury plans VND70 trillion government bond issue

May 3rd at 16:14
03-05-2014 16:14:37+07:00

Treasury plans VND70 trillion government bond issue

The State Treasury of Viet Nam has announced plans to issue Government bonds in the second quarter of this year, worth around VND70 trillion (US$3.34 billion).

Of these, bonds with three-year maturity would make up for 25.7 per cent, or VND18 trillion ($857 million), followed by five-year bonds with 24.3 per cent and two-year bonds with 21.4 per cent value. The rest were bonds with maturity values of below one year, and 10-year and 17-year bonds.

According to the Ministry of Finance, the State Treasury raised government bonds worth VND83 trillion ($3.95 billion) in the first quarter of this year, making up for 35.8 per cent of the year's target.

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