Government bonds raise VND3 trillion in July

Tuesday, Aug 06, 2013 13:14

Government bonds in the primary market last month saw quiet in comparison with previous months. Photo

HA NOI (Biz Hub) — Hanoi stock exchange (HNX) raised nearly VND3 trillion (US$142.8 million) from its nine auctions of Government bonds in July.

The primary market last month was quiet in comparison with May and June and many auctions attracted  about 18 to 20 investors each, however only a few bids were accepted.

Two, three, five and ten year bonds were sold at the interest rates of 6.85-7.6 per cent, 7-8 per cent, 8.5 per cent and 8.9 per cent per annum, respectively.

As for the secondary market, the total number of bond transactions reached over 242.4 million, more than VND25.9 trillion ($1.2 billion), with investors focusing on bonds with existing terms of 12 months, two, three, five and seven years.

The total number of Government bonds in repo-transactions (Sale and Repurchase Agreement) reached 38.8 million, more than VND3.9 trillion ($185.7 million).

Foreign investors bought VND2.7 trillion ($128.6 million) of bonds and sold over VND7.2 trillion ($342.8 million). No repo-transactions were reported.

With State treasury bill transactions in the primary market, about 4.6 million of treasury bills were traded outright, worth more than VND445 billion ($21 million). There were no repo-transactions.

Foreign investors sold treasury bills worth VND173.7 billion (8.3 billion) in outright transactions while there were no outright buying transactions. — VNS

Comments (0)