Over US$1.89b raised through G-bond auctions this year

The State Treasury has raised over VND43.5 trillion (US$1.89 billion) from Government bonds auctioned at the Ha Noi Stock Exchange since the beginning of this year.

 

At the latest auction, held this week, the State Treasury offered ten- and five-year bonds, each worth VND2 trillion, and bonds with a maturity of five to seven years, each valued at VND500 billion. Over VND4.39 billion worth was sold.

Up to VND2 trillion worth of ten-year bonds were sold at an annual interest rate of 2.75 per cent, or 0.12 per cent higher than at the previous auction.

Meanwhile, VND2 trillion was raised from 15-year bonds at 2.93 per cent per annum, the same as at the previous auction. An additional VND395 billion was also collected at a sub-auction of 15-year bonds.

The five- and seven-year bonds failed to attract any bidders.

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