Vietnam raises $424 mln in government bond auction
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Vietnam’s State Treasury raised 11 trillion dong ($424 million) in a government bond auction, significantly increasing from the previous week’s $212 million. The auction saw a 71% uptake, with 11 trillion dong of 10-year bonds sold at a 4.07% coupon. However, no 5-, 15-, or 30-year bonds were sold. This year, Vietnam has raised 41 trillion dong from government bond sales, while companies raised 7 trillion dong in bonds by February 6, with 197 trillion dong in corporate bonds maturing this year.
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