Vietnamese government bonds experiencing light trade

The Vietnam government''s recent dong bond issue, listed on the country''s new stock exchange, isn''t seeing much trade - it might have something to do with the yield.

Trade in the Vietnamese governments D300 billion $21.3 million 6.5% five-year bonds listed on the countrys new stock exchange has been pretty thin so far. In fact, the first trade wasnt registered until a week after the bonds listed on 28 July. The transaction went through at D100,300, up from the auction price of D100,000,  and around D4 million roughly $300 changed hands. 

However, the move was almost certainly a mistake. In this,...

FinanceAsia has updated its subscription model. Registered readers now have the opportunity to read five articles from our award-winning website for free. Please subscribe for unlimited access.

Click for more on: vietnamese | government | bonds | experiencing | light | trade

Print Edition

FinanceAsia Print Edition