Friday 18 April 2008

VND 1,000 billion Government bonds excite bidders

Friday, April 18, 2008
The fourth Government bond issuance by the State Treasury has been scheduled for April 25 with the total face value of VND 1,000 billion.
Bonds are due for five years from April 29, 2008 and can be sold at lower or higher price than the face value. Interest will be paid to the owners monthly on the issuance date and the outstanding will be settled on the bond’s expiry date.
After being issued, bonds will be listed on Hanoi Securities Trading Centre (HASTC).
Bidders can pursue bonds directly or through HASTC.
Deadline of bids is prior to 14.00 hours on April 25, 2008. Results will be announced the same day. (TBKTVN)