State Treasury Raises $470m Via G-bonds

The State Treasury of Vietnam mobilised VND11 trillion (US$470 million) through government bond auctions on the Hanoi Stock Exchange (HNX) on Wednesday.

Some VND7.5 trillion worth of G-bonds were offered, including five-year bonds valued at VND1 trillion; 10-year and 15-year bonds each valued at VND3 trillion and 20-year bonds valued at VND500 billion.

The State Treasury raised VND1 trillion worth of five-year bonds with an average yield rate of 3.82 per cent per year, down 0.38 percentage points from the previous auction on October 31, 2018.

Bonds with 10-year and 15-year terms worth VND3 trillion each were sold at an annual interest of 4.84 per cent and 5.14 per cent, down 0.17 and 0.16 percentage points from the previous auctions on January 9, respectively.

Bonds with 20-year terms were sold out at an interest rate of 5.6 per cent, up 0.38 percentage points against the previous session on July 4, 2018.

From the beginning of this year, the State Treasury has mobilised more than VND24.2 trillion through government bonds issued on the HNX.

http://bizhub.vn/banking/state-treasury-raises-470m-via-g-bonds_302517.html

 

Category: Finance, Vietnam

Print This Post

RECENT NEWS

Reference Exchange Rate Down 5 VND On August 27

Intellasia East Asia News The State Bank of Vietnam set the daily reference exchange rate at 23,208 VND per USD on Aug... Read more

VietCapital Bank Submits To Issue 38m Shares

Intellasia East Asia News Viet Capital Commercial Joint Stock Bank (Viet Capital Bank) (UPCoM: BVB) had just released ... Read more

Payment Via Mobile Banking Increases By Nearly 180pct In H1

Intellasia East Asia News Sharing at the workshop on “Promoting non-cash payments in businesses” held by Dien dan ... Read more

Banks Heat Up Digital Transformation Race

Intellasia East Asia News The 4.0 Industrial Revolution is making a comprehensive change to the way of providing produ... Read more

Outlining Deep Scrutiny Of HSBC Vietnam Bond Activity

Intellasia East Asia News Vietnam’s corporate bond market presents a good channel for capital mobilisation, even if ... Read more

VIB Prepares For The Unusual General Meeting Of Shareholders

Intellasia East Asia News The Board of directors of International Commercial Bank (VIB) has just announced a resolutio... Read more