Treasury collects budget from Gov't bonds

Friday, Jun 28, 2013 15:37

HA NOI (Biz Hub)—The State Treasury mobilised 2.115 trillion VND in Government bonds through a tender organised by the Hanoi Stock Exchange (HNX) on June 27.

The HNX put forward Government bonds worth 6 trillion VND in total for tender on the day.

The mobilised funds include 1.1 trillion VND in two-year bonds with an annual interest rate of 6.78 percent, 200 billion VND in three-year bonds with an annual interest rate of 7 percent and 815 billion VND in 10-year bonds with an interest rate of 8.9 percent.

Five-year bonds worth 600 billion VND failed for tender as the annual interest rate offered was as much as 8.5 percent higher than the ceiling interest rate imposed by commercial banks.

The State Treasury has so far this year mobilised nearly 94 trillion VND in Government bonds via tenders.—VNS


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