The Ha Noi Stock Exchange (HNX) raised VND22.3 trillion (US$980.8 million) in 16 bond auctions in June, down 6.3 per cent from the previous month.

The five-year bonds have an annual interest rate of 4.90-5.05 per cent, down 0.15 per cent from May, while the seven-year bonds were auctioned at an interest rate of 5.18-5.33 per cent per annum, down 0.14 per cent.

The annual interest rates for 10-year and 15-year bonds were 5.65-5.79 per cent and 6.3 per cent, respectively.

The 20- and 30-year bonds have coupon rates of 6.67-7 per cent and 7.1-7.5 per cent, respectively.

In the secondary market, the total volume of outright trading reached 912.5 million bonds, or around VND97.8 trillion ($4.30 billion), up 5.9 per cent in value over the previous month.

The trading volume through repurchase agreement (repo) was 917.8 million bonds, or VND90.3 trillion ($3.97 billion), up 0.3 per cent in value against last month. – VNS