Ha Noi Exchange auctioned $10.2 billion State bonds in 2014
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.
On the secondary market, the value of State bonds changing hands during 2014 touched nearly VND810.94 trillion ($38.62 billion), doubling from the value seen in 2013. This meant that the average regular trading value of bonds has soared, hitting about VND3.47 trillion ($165.24 million) per session last year.
The exchange said the strong results stemmed from investors buying more long-term bonds, especially 15-year bonds.
According to the bourse, the Viet Nam Prosperity Bank (VPBank) was the top dealer for treasury bills last year, followed by the Bank for Foreign Trade of Viet Nam (Vietcombank) and the An Binh Bank (ABBank).
With regards to institutional trading, the largest dealers were Vietcombank, Maritime Bank (MSB) and the Bank for Investment and Development of Viet Nam (BIDV).
Vietcombank also led outright transactions, followed by MSB and the Viet Nam Technological and Commercial Bank (Tecombank).
