The Hanoi Stock Exchange has announced that it will hold an auction of Vietnam Bank for Social Policies bonds worth 3 trillion VND (roughly 118.12 million USD) on August 11.

The bonds, under the Government’s guarantee for issuance, will have a two year term from the issuance date, August 13, and be listed on the stock market floor thereafter.

The auction will be conducted in two ways, via interest rates and non-interest rates based biddings, with the latter not to surpass 30 percent of the total amount of bonds to be auctioned./.