Govt mobilises $916 million through G-bond auctions

Feb 18th at 10:54
18-02-2017 10:54:55+07:00

Govt mobilises $916 million through G-bond auctions

The State Treasury mobilised VND20.9 trillion (US$916 million) by auctioning government bonds at the Ha Noi Stock Exchange (HNX) early this year.

 

In the latest auction, the State Treasury issued government bonds worth VND6 trillion, including VND3 trillion in five-year bonds, VND1 trillion in 10-year bonds and another VND2 trillion in 30-year bonds.

The bidding for the five-year bonds, which fetched VND1.8 trillion at an annual interest rate of 5.02 percent, attracted 18 HNX members with a valid registered total of VND6.7 trillion.

Thirteen members took part in the bidding session for the 10-year bonds with a valid registered total of VND3.6 trillion. The bonds earned VND950 billion at an annual interest rate of 6.05 percent.

Meanwhile, VND1 trillion worth of 30-year bonds were mobilised at an annual interest rate of 7.97 percent. The bidding session drew six participants with a valid registered total of VND1.4 trillion.

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