VBSP raises 300 billion VND from bond sales

VBSP raises 300 billion VND from bond sales

The Vietnam Bank for Social Policies (VBSP) raised 300 billion VND (14.2 million USD) through government guaranteed bonds auctioned in Hanoi on April 22.

The bonds, of five and three-year maturity, were sold through the Hanoi Exchange Market.

The VBSP sold out 100 billion VND three-year bonds at the yield of 6.8 percent annually, down 0.1 percent from the previous auction on April 4.

The bank also mobilised 200 billion VND five-year bonds with annual interest rate of 7.6 percent, down 0.09 percent compared with the auction of April 14.

VBSP has so far this year mobilised 3,651 billion VND (182 million USD) through the sales of Government backed bonds.-VNA

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