More Than $396 Million Raised From G-bond Auction

The State Treasury raised more than VND9.2 trillion (US$396.1 million) through a government bond auction on the Hanoi Stock Exchange (HNX) on July 23.

A total of VND11.5 trillion worth of bonds was up for auction, including five-year bonds valued at VND1 trillion, 10-year bonds at VND6 trillion, 15-year bonds at VND3 trillion, 20-year bonds at VND1 trillion and 30-year bonds at VND500 billion.

The five-year bonds were sold for a total of VND1.4 trillion with an annual interest rate of 1.75 per cent, 0.17 per cent lower than that of the previous auction on July 15.

Nearly VND4.3 trillion was mobilised from the 10-year bonds with an annual interest rate of 2.8 per cent, up 0.02 per cent from the previous auction.

Sales of the 15-year bonds exceeded VND2.15 trillion, with an interest rate of 3.01 per cent per annum, up 0.02 per cent from the July 15 auction. A later auxiliary auction mobilised another VND32 billion.

The 20-year bonds raised VND1 trillion at an interest rate of 3.34 per cent per annum, equivalent to that of the previous auction.

The 30-year bonds were sold for VND350 billion with an interest rate of 3.5 per cent per annum, equivalent to that of the previous auction.

The State Treasury has raised close to VND145.6 trillion ($6.27 billion) from G-bonds so far this year.

https://vietnamnews.vn/economy/770108/more-than-396 million-raised-from-g-bond-auction.html

 

Category: Finance, Vietnam

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