State Treasury raises over $85m via Government bonds

Oct 25th at 13:39
25-10-2018 13:39:21+07:00

State Treasury raises over $85m via Government bonds

The State Treasury of Viet Nam collected VND2 trillion (US$85.65 million) through Government bond auctions at the Ha Noi Stock Exchange (HNX) on Wednesday.

 

Some VND3.5 trillion worth of G-bonds were offered, including five-year, 10-year and 15-year bonds totalling VND1 trillion each, 30-year bonds valued at VND500 billion.

The treasury raised VND450 billion worth of five-year bonds with average yield rate of 4.2 per cent per year, up 0.1 per cent from the previous auction on October 17.

Bonds with a 10-year term raised VND850 billion at an annual interest rate of 4.9 per cent, up 0.05 percentage point from the previous auction, while 15-year bonds attracted VND700 billion with an annual interest of 5.2 per cent, marking a 0.2 per cent decrease.

The 30-year bonds did not see a winning volume.

From the beginning of this year to date, the State Treasury has mobilised nearly VND126.43 trillion through Government bonds issued on the HNX.

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