State raises $281.78 million in latest bond auction

Saturday, Apr 22, 2017 10:10

The State Treasury raised VND6.34 trillion (US$281.78 million) by auctioning Government bonds (G-bonds) at the Ha Noi Stock Exchange (HNX) on Thursday.— Photo vietnambiz.vn

The State Treasury raised VND6.34 trillion (US$281.78 million) by auctioning Government bonds (G-bonds) at the Ha Noi Stock Exchange (HNX) on Thursday.

In the latest auction, the State Treasury targeted VND6 trillion, including VND1.5 trillion in five-year bonds, VND1.5 trillion in 10-year bonds, VND1 trillion in 20-year bonds and another VND2 trillion in 30-year bonds.

The bidding for the five-year bonds fetched VND500 billion at an annual yield rate of 5.12 per cent and the bidding for the 10-year bonds earned VND1.95 trillion at an annual yield rate of 5.99 per cent.

The HNX raised VND1.3 trillion at an annual yield rate of 7.2 per cent from the bidding for 20-year bonds and VND2.59 trillion at an annual yield rate of 7.68 per cent from the bidding for 30-year bonds.

Since the beginning of the year, the State Treasury has raised a total VND74.6 trillion from G-bond auctions. — VNS

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