The State Treasury offloads $394.5 million worth of government bonds in April.— Photo talkvietnam.com

HA NOI (Biz Hub) — The State Treasury of Viet Nam offloaded VND8.523 trillion (US$394.5 million) worth of government bonds in April.

According to Ha Noi Stock Exchange (HNX), the bonds were sold in 11 auctions it held for the treasury during the month.

HNX said while the coupon rate of five-year bonds was between 5.35 and 5.48 per cent per year, the coupon rate of ten-year bonds was 6.35 per cent per year and the rate of 15-year bonds was between 7.35 and 7.42 per cent per year.

In the primary market, the trading volume of bonds in April was 50.9 per cent less than that in March, HNX noted.

Meanwhile, in the secondary market, the total volume of outright trading in April amounted to 482 million bonds, worth VND51.1 trillion ($2.36 billion).

Trading volume through repurchase agreements (repos) was 275.8 million bonds, equivalent to VND27.9 trillion ($1.29 billion). The repos of government-backed bonds constituted VND4.5 trillion ($208.3 million) of the total.

Foreign investors made outright trading worth VND4.8 trillion ($222.2 million) in buying value and VND7.5 trillion ($347.2 million) in selling value. Foreign investors also made a repos buying of VND948 billion ($43.8 million) and had no repos selling in April. — VNS