State Treasury raises US$228.77 million from Government bonds

Thursday, May 18, 2017 15:45

As many as VND5.2 trillion (US$228.77 million) was raised for the State budget through the auction of Government bonds held in Ha Noi on Wednesday. — Photo cafeF

The Viet Nam State Treasury has successfully raised VND5.2 trillion (US$228.77 million) for the State budget through the auction of Government bonds.

The auction was organised by the Hanoi Stock Exchange (HNX) on Wednesday.

During the initial sessions, the bonds for five years, seven years, 10 years and 15 years -- with VND1 trillion in each term -- did well, collecting VND4 trillion at annual winning yields of 5.16 per cent, 5.44 per cent, 5.97 per cent and 6.70 per cent, respectively.

The yields of five-year and seven-year bonds were 0.06 per cent lower than the previous sessions held on May 10. Meanwhile, the interest rate of 10-year and 15-year bonds were reduced by 0.03 per cent compared with the previous sessions on May 3.

The remainder of VND1.2 trillion, VND300 billion for each term, was raised in the sub-session sales for the four terms.

Since early this year, the State Treasury has sold Government bonds worth nearly VND91.64 trillion through auctions at HNX. – VNS

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