The Hanoi Stock Exchange (HNX) on August 26 sold at auction 47 million USD worth of government bonds out of a total 100 million USD tendered during the second bidding session of 2009.

The two-year bonds, issued in USD by the State Treasury, will yield a low of 2.9 percent registered interest, and a high of 4.5 percent per year. Each bond has a face value of 100 USD.

Six HNX members participated in the bidding session with a valid registered total of 67 million USD.

During the first bidding session on August 24, the State Treasury mobilised 100 million USD from government bonds.

On August 28, the HNX will hold a third bidding session for 50 million USD worth of three-year bonds to be issued on September 1./.