Northern bourse tenders $146.3 mln G-bonds
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Hanoi Stock Exchange (HNX) Friday holds the tender session for VND3 trillion ($146.3 million) G-bonds issued by the Bank of Social Policies.
These bonds, having three different terms of two years, three years and five years, will be officially issued next Tuesday (May 31, 2011) and sold at face value.
There will be VND1.3 trillion G-bonds with two-year terms, VND1.2 trillion G-bonds with three-year term and the rest VND5 billion G-bonds of five-year terms.
The coupon will be paid periodically every on fixed date similar to the date of issue, while the principal to be paid once at due date.
The applied bidding method is the combination of competitive and non-competitive coupon bidding.
