Vietnam raises $291mn in government bond auction

Business Recorder reported that Vietnam's State Treasury raised 7.6 trillion dong, equivalent to $291 million, through a weekly government bond sale held on Wednesday. That is more than the $270 million collected in the auction held the previous week.

A filing with the Hanoi Stock Exchange showed that uptake also rose, with 58% of the offered bonds sold against 55% a week earlier. In other words, a larger share of the debt offered at the auction found buyers than in the previous round. Both the total raised and the sell-through ratio therefore moved higher in the same week.

The report is limited to the Vietnamese government bond auction and does not mention any company listed on the Pakistan Stock Exchange. The figures relate to a foreign market, so they have no direct bearing on PSX-listed stocks.