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Published on 9/28/2009 in the Prospect News Emerging Markets Daily.

HoChi Minh City Investment Fund gets no bids in municipal bond auction

By Richard Connell

New York, Sept. 28 - Vietnam announced that it received no bids in a municipal bond offering of bonds issued by HoChi Minh City Investment Fund for Urban Development.

The bonds were to be due Sept. 30, 2014 and have a ceiling yield of 10½%.


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