State Treasury raises $380 million in bond auction

Thursday, Jul 31, 2014 14:13

The State Treasury has mobilised VND8,000 billion (more than US$380 million) in a government bond bid held by the Hanoi Stock Exchange on July 29. — Photo baohaiquan.vn

HA NOI (Biz Hub) — The State Treasury has raised VND8,000 billion (more than US$380 million) in a government bond bid organised by the Hanoi Stock Exchange on July 29.

As much as VND1,000 billion ($47.6 million) was raised through the auction of two-year bonds at an annual interest rate of 5.25 per cent.

The remaining amounts that were raised were VND2,000 billion ($95.2 million) with the sale of three-year bonds at an annual interest rate of 5.68 per cent; VND3,000 billion ($142.8 million) with the sale of five-year bonds at an annual interest rate of 6.68 per cent; and VND2,000 billion with the sale of 10-year bonds at an annual interest rate of 8.48 per cent.

The State Treasury has raised VND139,654 billion ($6.6 billion) through the sale of Government bonds since the beginning of this year. — VNS

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