VIETNAM
From Times Staff and Wire Reports
Bond Market Proposed: Vietnam plans to establish a bond market in Ho Chi Minh City by the end of next year, analysts and government officials said. “The government ultimately wants to set up a stock market, but knows the bond market is the first step,” said Le Anh Ming, an executive with Peregrine Capital Vietnam Ltd. The nation’s central bank periodically issues three- and six-month bonds worth between $100 and $100,000, Ming said.
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