State Treasury raises VND1.8 trillion via G-bond auction

Thursday, Apr 11, 2019 19:00

The State Treasury of Viet Nam raised over VND66.6 trillion via auctions at the HNX since the beginning of the year. — Photo vneconomy.vn

The State Treasury of Viet Nam raised VND1.8 trillion (US$78.2 million) through a Government bond auction on the Ha Noi Stock Exchange (HNX) on Wednesday.

Some VND3 trillion worth of G-bonds were offered, including 10-year bonds valued at VND1 trillion; 15-year bonds worth VND1 trillion and 30-year and 7-year bonds each worth VND500 billion.

The 10-year bonds mobilised VND800 billion with an annual interest rate of 4.72 per cent.

A single bidder bought 10-year bonds at the price of VND500 billion, with a yield rate of 4.72 per cent at the sub-session sale.

Meanwhile, 15-year bonds were purchased with a total value of VND800 billion and an interest rate of 5.06 per cent,.

As much as VND500 billion was also raised via 15-year bonds at the sub-session, with a yield rate of 5.06 per cent.

Four bidders purchased 30-year bonds worth VND200 billion at an interest rate of 5.85 per cent.

Since the beginning of this year, the State Treasury of Viet Nam has raised more than VND66.6 trillion via auctions at the HNX.— VNS

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