State Treasury sells $288.3 million worth of G-bonds

Mar 14th at 14:44
14-03-2015 14:44:25+07:00

State Treasury sells $288.3 million worth of G-bonds

The State Treasury of Viet Nam sold another VND6.1 trillion (US$288.3 million) worth of Government bonds on March 12.

 

A week ago, the treasury had offloaded $288.6 million worth of bonds, said G-bond auction organiser, the Hanoi Stock Exchange (HNX).

HNX said of the total VND8 trillion ($375.58 million) worth of bonds offered by the treasury on March 12, VND4 trillion ($187.7million) were denominated in five-year term bonds, VND 2 trillion ($93.9 million) in 10-year term bonds and VND2 trillion ($93.9 million) in 15-year term bonds.

Following the auction, the treasury offloaded more than half or VND2.1 trillion ($98.5 million) of the five-year bonds at a coupon rate of 5.32 per cent per year, said HNX.

Meanwhile, it has sold out all the long-term bonds offered. The 10-year term bonds were sold at a coupon rate of 6.35 per cent per year and the 15-year term bonds were sold at a coupon rate of 7.25 per cent per year.

After having conducted eight auctions since early 2015, the treasury has mobilised over VND52.6 trillion ($2.469 billion) in G-bonds.

bizhub



NEWS SAME CATEGORY

State Treasury offloads over $288 million in G-bonds

The State Treasury of Viet Nam sold VND6.149 trillion (US$288.6 million) worth of Government bonds on March 5.

Gov't sells $1.15b bonds in February

The Government raised more than VND24.5 trillion (US$1.15 billion) from bonds on the primary market in February, a drop of 12.2 per cent from January, the Ha Noi...

Bond market registers strong growth over five years

The local bond market has grown double in over the past five years, said Do Ngoc Quynh, secretary of the Vietnam Bond Market Association (VBMA).

Ha Noi Exchange auctioned $10.2 billion State bonds in 2014

The Ha Noi Stock Exchange auctioned State bonds worth about VND214.34 trillion (US$10.21 billion) last year, the northern bourse stated in a report.

Corporate bonds slumped in 2014

Viet Nam corporations issued far fewer bonds in 2014, despite the participation of many big companies.

JBIC to help Vietnamese gov't in issuing bonds

The Japan Bank for International Cooperation (JBIC) has proposed that it will support the Vietnamese Government in issuing bonds in the yen in the Japanese market.

SSI to issue bonds worth VND500 billion

The Saigon Securities Incorporation's (SSI) managerial board has decided to issue bonds worth VND500 billion (US$23.5million).

State Treasury to issue G-bonds in Q1

The State Treasury of Viet Nam plans to issue bonds worth VND70 trillion (US$3.28 billion) in the first quarter of 2015, said the treasury in January.

Vietnam plans to issue $1 billion in international bonds

At a recent conference to review the operation of the finance and banking sector in 2014, Minister of Finance Dinh Tien Dung said that Vietnam would issue an...

Vietnam to issue $1bn additional sovereign bond following November bond sale

Vietnam will continue to issue an additional US$1 billion in government bonds to international capital markets with a 10-year term after the successful bond...


MOST READ


Back To Top