Implementing Government's Resolution No.66/NQ-CP dated 16/10/2014, at 1:00 PM, Sanfrancisco, US’ time zone, on November 11th 2014 (at 4:00 AM, Vietnam's time zone), Ministry of Finance has successfully issued 10-year term government bond to the international capital market with the amount of one billion dollars in 144A/S Regulation form.
IIlustrated photo. Source: Internet
The success in issuing government bond to the international capital market this period has contributed in establishing standardized interest rate much lower than before, making favorable conditions for Vietnam enterprises to mobilize capital in the international market with more appropriate interest rate. Simultaneously, this bond issuance period also helped reduce the risk of refinancing and interest rate with goverment's external debt.
Taking advantage of international capital market is happening propitiously, Ministry of Finance is in research and report to the government about the possible issuance in the coming time to continue restructing current public debt.
HG
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