State Treasury raises $470m via G-bonds

Thursday, Jan 17, 2019 16:18

From the beginning of this year, the State Treasury has mobilised more than VND24.2 trillion through G-bonds. — Photo thoibaonganhang.vn

The State Treasury of Viet Nam mobilised VND11 trillion (US$470 million) through Government bond auctions on the Ha Noi Stock Exchange (HNX) on Wednesday.

Some VND7.5 trillion worth of G-bonds were offered, including five-year bonds valued at VND1 trillion; 10-year and 15-year bonds each valued at VND3 trillion and 20-year bonds valued at VND500 billion.

The State Treasury raised VND1 trillion worth of five-year bonds with an average yield rate of 3.82 per cent per year, down 0.38 percentage points from the previous auction on October 31, 2018.

Bonds with 10-year and 15-year terms worth VND3 trillion each were sold at an annual interest of 4.84 per cent and 5.14 per cent, down 0.17 and 0.16 percentage points from the previous auctions on January 9, respectively.

Bonds with 20-year terms were sold out at an interest rate of 5.6 per cent, up 0.38 percentage points against the previous session on July 4, 2018.

From the beginning of this year, the State Treasury has mobilised more than VND24.2 trillion through Government bonds issued on the HNX. — VNS

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