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 VIETNAM Vietinbank issues international bonds

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1alaskan
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PostSubject: VIETNAM Vietinbank issues international bonds   Mon May 14, 2012 8:35 pm

Vietinbank issues international bonds

VietFinanceNews.com - Vietinbank (CTG) has successfully raised 250 million USD worth of international bonds on a five-year term, with a yield of 8 percent.

The bonds were issued in the European, Asian and the US markets.

Vietinbank plans to issue 2 billion USD worth of bonds, and in February, the Government agreed to allow the bank to issue international bonds.

The bank's outstanding foreign currency loans as of last year reached nearly 54.14 trillion VND, accounting for 18.5 percent of the total outstanding loans; while customer deposits in foreign currency hit 34.17 trillion VND, 13.3 percent of the total.

http://www.vietfinancenews.com/2012/05/vietinbank-issues-international-bonds.html

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