VND7.23 trillion collected from G-bond auction

Thursday, Dec 13, 2018 15:34

Staff at the Ha Noi Stock Exchange. –– VNA/VNS Photo

The State Treasury of Viet Nam raised VND7.23 trillion (US$310.9 million) from government bonds (G-bonds) in an auction on Wednesday on the Ha Noi Stock Exchange (HNX).

According to the HNX, the auction offered a total of VND7.4 trillion worth of G-bonds with different maturities.

Three tenures were available, including five-year bonds worth VND500 billion, 10-year bonds worth VND3.9 trillion and 15-year bonds valued at VND3 trillion.

The auction of 10-year bonds mobilised VND3.9 trillion at the average yield rate of 5.1 per cent per year, the same as the auction on December 5.

The auction of 15-year bonds sold VND3.33 trillion worth of bonds at the annual interest rate of 5.3 per cent, the same as the previous auction.

There was no successful bid for five-year bonds.

So far this year, the State Treasury of Vietnam has collected VND149.777 trillion from G-bond auctions on the HNX. –– VNS

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