State treasury mobilises VND200 billion through government bonds

Tuesday, Sep 05, 2017 17:12

The State Treasury of Viet Nam mobilised VND200 billion through government bond auctions last week. — Photo

The State Treasury of Viet Nam mobilised VND200 billion (US$8.77 million) through Government bond auctions last week, the Ha Noi Stock Exchange (HNX) said.

According to the HNX, a winning volume was more than two weeks ago, but it was still very low, accounting for only 10 per cent of the offered bonds, Thoi bao tai chinh newspaper reported.

Last week, bonds valued at a total of VND2 trillion were offered for four tenures - five years, seven years, 10 years and 15 years. Ten-year bonds attracted five bidders with eligible bid volume at VND1.051 trillion and an annual interest rate of between 5.38 and 6.3 per cent. Thus, the State Treasury mobilised VND200 billion from issuing 10-year bonds with annual interest rate of 5.38 per cent.

However, the five-year, seven-year and 15-year bonds did not see a winning volume.

Since early this year to date, the State Treasury has mobilised VND144.093 trillion through Government bonds issued on the HNX. — VNS

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