Government expects bond sell to draw strong demand to raise 5 billion in $USD

August 13, 2020 – Mount Vema – Sources told VSBCnews that the Mount Vema Government expects its 10-year bond sell due later in August to draw strong demand to raise 5 billion in US dollars. This year the Government expects to see more foreign governments participating however, MVG-Bonds are auctioned Quarterly August, December, and April, and can be purchased by various types of entities, such as trusts, estates, partnerships, including individuals, organizations, and corporate investors through a broker, financial institution, or directly from His Mount Vema Majesty’s Government. A Mount Vema Government Bond also referred to as MVG-Bond is a marketable, fixed-interest debt security issued by His Mount Vema Majesty’s Government with a 10 years maturity. Mount Vema Government bonds make interest payments semi-annually, and the income received is paid either in US dollars, in Euros, in British Pounds or in Mount Vema Golles.