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| The State Treasury of Viet Nam offers VND10 trillion, or US$476.1 million in bond on March 27. --Photo ddvn.com.vn
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HA NOI (Biz Hub) - The State Treasury of Viet Nam sold about two-thirds of the VND10 trillion, or US$476.1 million, worth of government bonds offered on March 27.
The bond yields are pegged between 6.1 and 8.7 per cent annually. The auction, carried out by the Ha Noi Stock Exchange, offered VND4 trillion, or $190.4 million, worth of three-year bonds; VND4 trillion, or $190.4 million, worth of five-year bonds; and $190.4 million and VND2 trillion, or $95.2 million, worth of 10-year bonds.
After the auction, the treasury sold VND3.33 trillion, or $158.5 million, worth of three-year bonds with a coupon rate of 6.1 per cent per year; and VND950 billion, or $45.2 million, worth of five-year bonds with a coupon rate of 7.13 per cent per year.
All the ten-year bonds were bought with a coupon rate of 8.7 per cent per year.
Since the beginning of 2014, the State Treasury has sold VND68.6 trillion, or $3.26 billion, worth of G-bonds.— VNS