Tuesday, June 19, 2007

Vietnam's Government Plans More Foreign-Currency Bond Sales, Triet Says

(Bloomberg) -- Vietnam's government plans more sales
of foreign currency-denominated debt, according to the president
of the Southeast Asian nation, which wants to increase financing
to help attract more technology-related investment.

The Vietnamese government sold its first foreign currency-
denominated bond in 2005, raising $750 million in an offering
where demand exceeded supply by more than six times. The Ministry
of Finance said last month a second sale, to be conducted by
September, is expected to raise $1 billion.


Read more at Bloomberg Bonds News

No comments: