Vietnamese Lender Tpbank To List 132 Million More Shares On Local Stock Market Nov 17 - Bourse Filing

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HANOI, Sept 4 (Reuters) - Vietnam's State Treasury raised 2.56 trillion ($103 million) in a government bond auction on Wednesday, less than the $326 million raised last week, with the coupon on the 5-year bonds hitting the highest level this year.

The auction uptake was lower than last week, with 21.3% of the offer sold compared with 67.4% sold at the Aug 28 auction, a filing to the Hanoi Stock Exchange showed.

The Treasury sold 200 billion dong of 5-year bonds, out of 500 billion offered, with a coupon of 1.98%, and 1.15 trillion dong of 10-year bonds, out of 7 trillion offered, with a coupon of 2.71%.

It also sold 750 billion dong 15-year bonds, out of 4 trillion offered, with a 2.90% coupon, and 464 billion dong of 30-year bonds, out of 500 billion offered, with a 3.10% coupon.

Vietnam is seeking to raise 400 trillion dong from government bond sales this year, mainly to fund its public investments, among the key drivers of economic growth.

It has raised 239 trillion dong from the sales so far in 2024, according to exchange data.

On the corporate front, Vietnamese banks dominated the list of corporate bond sellers last week, according to data from the exchange. The largest corporate bonds sellers last week included Tien Phong Bank TPB.HM, BIDV BID.HM, Asia Commercial Bank ACB.HM and Vietnam International Bank VIB.HM.

($1 = 24,840 dong)

(Reporting by Khanh Vu; Editing by John Mair)

(( khanh.vu@thomsonreuters.com ; +84 24 38259623; ))

Keywords: VIETNAM-BONDS/ (UPDATE 1)