The Vietnam Bank for Social Policy (VBSP) raised 200 billion VND (9.26 million USD) worth of three-year government bond through a bid hosted by the Hanoi Stock Exchange on July 20.

Locals doing schedules for loans at a bank for social policy (Photo for illustration)

The three-year bonds will yield an annual interest of 6 percent, up 0.02 percent from the previous auction held on July 13.

At the auction, the VBSP planned to raise 1 trillion VND (46.3 million USD) from three, five and fifteen-year bonds.

The VBSP has mobilised 7.16 trillion VND (331 million USD) so far this year through the sales of Government bonds.

Source: VNA