HNX raises over $400m from G-bonds in November

Tuesday, Dec 05, 2017 11:11

HNX mobilises more than VNĐ9.15 trillion (US$403 million) in November via Goverment bond auctions. — Photo

The Ha Noi Stock Exchange (HNX) announced it has mobilised more than VND9.15 trillion (US$403 million) from 31 Government bond auctions in November.

This marked an increase of 21.8 per cent compared with the previous month, of which the State Treasury mobilised over VND2.93 trillion, Viet Nam Development Bank raised VND4 trillion and Viet Nam Bank for Social Policies raised more than VND2.22 trillion.

The coupon rates of five-year term bonds sold ranged from 4.5 per cent to five per cent per year, seven-year term bonds ranged from 4.85 per cent to 4.88 per cent per annum, 10-year term bonds ranged from 5.41 to 5.91 per cent per annum, 15-year term bonds were at 5.75-6.2 per cent per annum, 20-year term bonds were at 5.82 per cent per year and 30-year term bonds were at 6.1 per cent per annum.

Compared with October, coupon rates in November of five-year bonds increased 0.02 per cent per annum, seven-year bonds grew 0.05 per cent per annum, and 10-year and 30-year term bonds remained the same.

On the secondary market, the total volume of government bonds sold by the outright method reached more than 800 million, worth VND88.6 trillion, marking a 15.2 per cent decrease in value over October.

Trading volume through repurchase agreements (repos) was 1.105 trillion bonds, worth over VND110.5 trillion, up 4.1 per cent in value compared with the previous month.

Foreign investors also made outright purchases of more than VND4.3 trillion and outright sale transactions of over VNĐ5.6 trillion. They made repo sales of over VND247 billion and no repo buys in November. — VNS

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