The tender will apply the combination of competitive and non-competitive interest rate method. Of which, the offered volume for non-competitive interest rate method will not exceed 30 percent of the total offered volume.
The principal will be paid once when due and the bond yield will be paid periodically every year on July 15 for 2-year bond and June 30 for 3-year tenor bond from 2013 till the maturity year.
Earlier, on September 27, HNX also organised a tender for three trillion dong worth of G-backed bond issued by the State Treasury for tenors of 2 and 3 years. The raised volume was 1.41 trillion dong, equaling to the success ratio of 47%.
State Treasury to tender 2 dong worth of G-bond on October 5
Hanoi Stock Exchange (HNX) has announced to organize a tender for two trillion dong worth of government-backed bond issued by the State Treasury on October 5, including one trillion dong for 2-year tenor bond and another one trillion dong for 3-year tensor bond.