State Treasury Raises More Than $90m Via G-bonds

The State Treasury of Vietnam mobilised more than VND2.1trillion (US$90.17 million) through government bond auctions on the Hanoi Stock Exchange (HNX) on Wednesday.

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

The State Treasury raised VND211 billion worth of 20-year bonds with an average yield rate of 5.7 per cent per year.

Bonds with 15-year term sold out at an annual interest of 5.06 per cent, the same rate offered in the previous auction on April 10.

Bonds with 10-year terms raised VND890 billion at an interest rate of 4.72 per cent, the same rate as the previous session on April 10.

The five-year bonds did not see a winning volume.

To date this year, the State Treasury has mobilised nearly VND68.72 trillion through government bonds issued on the HNX.

http://bizhub.vn/banking/state-treasury-raises-more-than-90m-via-g-bonds_304911.html

 

Category: Finance, Vietnam

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