State Treasury Raises Over $343m Via G-bonds

The State Treasury of Vietnam mobilised VND8 trillion (US$343 million) through government bond auctions on the Hanoi Stock Exchange (HNX) on Wednesday.

Some VND5.5 trillion worth of G-bonds were offered, including five-year bonds valued at VND500 billion; 10-year bonds and 15-year bonds valued at VND2 trillion each and 20-year bonds valued at VND1 trillion.

The State Treasury raised VND500 billion worth of five-year bonds with average yield rate of 3.65 per cent per year, up 0.18 percentage points against the previous auction on July 10.

Bonds with 10-year terms and 15-year terms were sold out at an annual interest of 4.51 per cent and 4.76 per cent, respectively, down 0.05 percentage points from the previous auction on July 10.

Bonds with 20-year terms were sold out at an interest rate of 5.15 per cent, down 0.27 percentage points against the previous session on July 3.

From the beginning of this year, the State Treasury has mobilised more than VND123.85 trillion through government bonds issued on the HNX.

http://bizhub.vn/banking/state-treasury-raises-over-343m-via-g-bonds_307545.html

 

Category: Finance, Vietnam

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