(Bloomberg) -- Vietnam's bonds gained on speculation
the country's banks have surplus cash to invest in fixed-income
securities.
The yield on the benchmark five-year note fell 1.6 basis
points to 7.14 percent, according to prices by seven banks set
once a day and compiled by Bloomberg. A basis point is 0.01
percentage point. The government today sold 700 billion dong
($44 million) of bonds maturing on May 30, 2012, at a yield of
7.05 percent.
Read more at Bloomberg Bonds News
the country's banks have surplus cash to invest in fixed-income
securities.
The yield on the benchmark five-year note fell 1.6 basis
points to 7.14 percent, according to prices by seven banks set
once a day and compiled by Bloomberg. A basis point is 0.01
percentage point. The government today sold 700 billion dong
($44 million) of bonds maturing on May 30, 2012, at a yield of
7.05 percent.
Read more at Bloomberg Bonds News
No comments:
Post a Comment