The Hanoi Stock Exchange (HNX) will hold a bidding ceremony for government-underwritten bonds worth 2 trillion VND on July 15, HNX said on July 9.

The bonds, which will be issued by the Vietnam Bank of Social Policies (VBSP) on July 17, will mature in two years to the day.

The bonds will be offered via both competitive and non-competitive coupon biddings. The non-competitive volume is fixed to not exceed 30 percent of the total bidding volume.

After bidding, the bonds will be listed on the securities exchange, and VBSP will handle repayment upon maturity.

Potential bidders must send tender documents before 14 p.m., July 15./.