Government bonds sold for US$1.4 billion in June

Jul 4th at 07:25
04-07-2020 07:25:06+07:00

Government bonds sold for US$1.4 billion in June

The State Treasury raised total VND32.6 trillion (more than US$1.4 billion) worth of government bonds in 16 auctions at the Ha Noi Stock Exchange in June.

 

G-bond sales in June was up 77.2 per cent on-month with 90 per cent of the total offered volume being sold.

Annual interest rates of 10-year and 15-year bonds rose by 0.04-0.05 per cent against May while those of five-year and 20-year ones declined 0.04-0.25 per cent.

On the secondary G-bond market, trading value averaged nearly VND8.2 billion per session, a month-on-month decrease of 11.8 per cent.

Total outright purchases of G-bonds in June dropped 8 per cent on-month to VND114 trillion. Total trading value of G-bonds via repurchasing agreements (repos) was VND65.3 trillion, up 7.9 per cent month-on-month.

Foreign investors made outright purchases of more than VND5.2 trillion, and outright sales of over VND3 trillion. They did not make any repo transactions.

Total listed G-bonds were valued at more than VND1.16 quadrillion as of June 30.

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