Vietnam postpones inaugural global bond issue

VIETNAM - Communist Vietnam has postponed its first-ever global bond issue until next year at the earliest, a senior central bank official said Monday.

Analysts had expected the bond - worth probably between US$300 million and US$500 million - would be issued in the third quarter of this year, Associated Press reported.

The official, who spoke on condition of anonymity, declined to comment on why the offering was postponed, saying only that "under these conditions'' a bond offering is considered

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Geoeconomic reserve management

The world order is evolving. Whether, and how, the international economy remains integrated or shifts into spheres of influence has consequences for central bank policy and reserve management.

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