Over 104 trillion VND of government bonds mobilised

Jun 11th at 15:13
11-06-2013 15:13:53+07:00

Over 104 trillion VND of government bonds mobilised

The State Treasury has announced that over 104 trillion VND of Government bonds have been mobilised since the beginning of the year, equivalent to 61.3 percent of the planned amount for 2013.

 

The Treasury has also reviewed planned spending worth more than 259 trillion VND from the State budget’s frequent expenditure. During this process, they discovered over 23,000 incorrect details in 11,200 transactions, suspending the payments worth 318 billion VND.

The treasury has also sped up payments to fundamental construction projects taking place across the country.

Accumulated capital disbursement through the State Treasury this year has reached over 76 trillion VND, accounting for 34 percent of the allocated plan, including advances.

Of this amount, the expenditure for the construction capital reached more than 54 trillion VND, with 22 trillion VND coming from government bonds.

The State Treasury has declined 14.5 billion VND payments due to discrepancies between the bid price and the amount requested and because of missing payment forecasts.

vir



NEWS SAME CATEGORY

Investors snap up Government bonds

The State Treasury sold out VND2 trillion (US$95.2 million) worth of five-year term bonds on Thursday. The bonds' yield was 7.3 per cent per year, a decline of 0.48...

Vietnam bond yields hit record lows, market grows fast

Yields of most of Vietnam's dong bondsdropped to record lows on Wednesday due to increased supplies of debt papers and higher investor interest on expectation of an...

How much is VAMC’s bond?

The Vietnam Asset Management Company (VAMC), a powerful legal entity established to restructure the bad debts, would issue bonds to deal with the debts. What...

Banks switch to gov’t bonds as lending slumps

With borrowers nowhere to be found despite the repeatedly slashed lending interest rates, many banks are putting their money into buying government bonds.

Government bond yields keep falling

Government bond yields have kept falling on the primary and secondary market over the past week as banks with a cash surplus have sharply increased bond buying.

Banks favour Government bonds

Viet Nam's government bond market saw robust development last year and experts expect it will continue to grow this year thanks to high demand from commercial banks.

Government bond market in 2013: high demand, high supply

Government bonds have been selling well since the beginning of the year. This remains a favorite investment channel for big institutions and foreign investors in...

Ministry outlines plan to develop bond market

The Ministry of Finance has outlined a plan that will give priority to government bonds in the bond market under Decision No. 261/2013.

New bond trading system launches

The second version of the Government bond trading system was introduced by the Ha Noi Stock Exchange last week and will be used for the first time next Monday when...

Vietnamese bonds failing to compete in overseas markets

Only three Vietnamese bonds are listed on the international market, and their liquidity remains low.


MOST READ


Back To Top