State treasury earns $216.6m from bond sales

Mar 10th at 09:57
10-03-2020 09:57:14+07:00

State treasury earns $216.6m from bond sales

The State Treasury of Viet Nam last week raised VND5 trillion (US$216.6 million) through bond sales with interest rates losing 11-37 basis points per annum over four terms.

 

The treasury offered VND500 billion worth of seven-year bonds and VND1.5 trillion for 15-year, 20-year and 30-year bonds.

All bonds were successfully offloaded. The auction took place at the Ha Noi Stock Exchange.

The successfully-bid interest rate for seven-year bonds was 2 per cent per annum, down 0.24 basis points from the previous auction on February 19.

The rates for 15-year, 20-year and 30-year bonds were 2.51 per cent, 2.98 per cent and 3.25 per cent per annum.

The three rates were down between 0.11 basis points and 0.37 basis points.

Since the beginning of 2020, the State Treasury has raised a total of VND28.26 trillion from selling Government bonds at the Ha Noi Stock Exchange.

In the first three months of the year, the treasury plans to raise VND50-60 trillion from Government bonds. 

bizhub



NEWS SAME CATEGORY

F88 pawn chain to issue $2.15 million in bonds

Ha Noi-based pawn shop chain F88 announced it has just completed its first bond issuance in 2020 with a value of nearly VND50 billion (US$2.15 million).

VND4.61 trillion mobilised through G-bond auction

The State Treasury mobilised VND4.61 trillion (US$198.5 million) from a recent G-bond auction on the Ha Noi Stock Exchange (HNX).

State Treasury mobilises over US$115 million through bond sales

The State Treasury has raised VND2.7 trillion (US$115.79 million) through a recent G-bond auction on the Hanoi Stock Exchange (HNX).

Real estate firms dominate bond issuance in January

SSI’s statistics showed that real estate firms issued bonds worth VND7.36 trillion (US$317.2 million) in January, accounting for 55 per cent of the total value of...

THACO completes $86 mln bond issue

Auto company THACO has issued VND2 trillion ($86.06 million) worth of five-year non-convertible bonds to two institutional investors.

State treasury offloads more than $409 million of G-bonds in January

The Ha Noi Securities Exchange (HNX) announced it helped sell nearly VND9.53 trillion (US$409.5 million) of G-bonds in 12 bidding sessions in January.

Ministry eyes tightening corporate bond issuance amid market’s overheating

The Ministry of Finance will tighten regulations over corporate bond issuance because of an overheating market to protect investors and prevent risks which might...

Information disclosure key issue for corporate bond issuance

The main problem with corporate bond issuance is the quality of information disclosure, according to SSI Securities Corporation (SSI).

Gov’t bond yields hit record low

Government bond yields hit a record low in December 2019, with the interest rates of Treasury bonds of all terms seeing decreases by between 0.03 and 0.37...

Corporate bonds find more takers in Vietnam

Corporate bonds issuance increased by 25 percent to VND280.14 trillion ($12.12 billion) last year but remained a fraction of bank lending.


MOST READ


Back To Top