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Vietnam's Military Bank raises 750 billion dong in bond sale

Original: Vietnam's Military Bank raises 750 billion dong selling 6-year bonds - bourse filing

Military Commercial Joint Stock Bank, one of Vietnam's largest lenders, has raised 750 billion dong (roughly $30 million) through the sale of six-year bonds, according to a filing on the Ho Chi Minh Stock Exchange. The debt issuance gives the bank fresh medium-term funding, and the filing was picked up by regional market watchers tracking Vietnamese banking sector financing.

Why now: Investors are tracking Vietnamese banks' bond issuances for signals on funding conditions in the sector.

Military Commercial Joint Stock BankVietnamHo Chi Minh Stock Exchange

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