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Social policy bank raises 350bln in VND bonds

The Vietnam Bank for Social Policies (VBSP) raised 350 billion VND (16.6 million USD) worth of three-year Government bonds via a bid hosted by the Hanoi Stock Exchange on February 21.
The Vietnam Bank for Social Policies (VBSP) raised 350 billion VND (16.6million USD) worth of three-year Government bonds via a bid hosted bythe Hanoi Stock Exchange on February 21.

They will yield an annual interest of 7.5 percent, 0.34 percent lower than that reached at the February 14 session.

Meanwhile, neither bidder won five-year bonds valued at 500 billion VND (23.8 million USD).

Through three tenders since early this year, the VBSP has mobilised over 1.4 trillion VND (66.6 million USD).-VNA
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