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Vietnam raises $371 million in government bond auction
HANOI: Vietnam’s State Treasury raised 9.6 trillion dong ($371 million) in its weekly government bond auction on Wednesday, down from the revised $442 million raised last week. The uptake was also lower, with 56% of the bonds on offer sold, compared with 64% last week, according to a Hanoi Stock Exchange filing. The treasury sold all of the 6 trillion dong of 5-year bonds on offer, at a coupon of 4.27% It sold 3.6 trillion dong of the 9 trillion dong of 10-year bonds on offer, at a coupon of 4.43%. It failed to offload any of the combined 2 trillion dong of 15- and 30-year bonds on offer. The ...
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