$69m raised from selling Government bonds

Jun 6th at 14:19
06-06-2015 14:19:40+07:00

$69m raised from selling Government bonds

The State Treasury of Viet Nam raised VND 1.54 trillion (US$70 million) from the sale of Government bonds at an auction held on June 4.

 

The Ha Noi Stock Exchange (HNX) held the auction to sell VND2.5 trillion ($115 million) worth of Government bonds.

Of the total bonds sold during the auction, VND1.5 trillion ($69 million) was raised through the sale of 15-year bonds offering an annual rate of 7.6 per cent, and the remaining was raised from five-year bonds sold at the annual rate of 5.45 per cent.

The available annual rates are 5.45-7 per cent and 7.5-8.5 per cent per year for five-year and 15-year bonds, respectively.

The State Treasury is seeking to raise VND250 trillion (US$11.68 billion) by issuing five-year Government bonds this year, down 4.6 per cent from a year ago, according to the Ministry of Finance.

bizhub



NEWS SAME CATEGORY

HNX offloads fewer G-bonds in May

Ha Noi Stock Exchange (HNX) sold VND3.818 trillion (US$175.1 million) worth of government bonds in 24 auctions in May.

VN's bond market needs good credit rating agency

With the capital market growing rapidly, many enterprises are issuing bonds to boost financial capability, but the lack of a good credit rating service has slowed...

MOF fears state budget lacks money as banks don’t buy bonds

The Ministry of Finance (MOF) has warned that the state budget will lack VND32 trillion this year because of the cap the State Bank of Vietnam (SBV) has set on the...

State Treasury fails to sell 10-year coupons

The State Treasury of Viet Nam could only offload less than a third of Government bonds offered for sale on March 25.

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.

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.


MOST READ


Back To Top