Illustrative image (Source: VNA) Hanoi (VNA) – The StateTreasury of Vietnam has recently raised 2.81 trillion VND (123.7 million USD) viaan auction of Government bonds (G-bonds) held by the Hanoi Stock Exchange (HNX).
The auction had planned to sell 6trillion VND (264.3 million USD) worth of G-bonds with a 5-year, 7-year,10-year, 15-year, 20-year, and 30-year maturity.
As much as 200 billion VND (8.8million USD) was mobilised from five-year bonds with an annual interest rate of3.45 percent, 0.35 percent higher than that of the previous auction on June 20.
Ten-year bonds were sold for 1trillion VND (44 million USD) with an annual yield rate of 4.4 percent, up 0.03percent from that of the previous auction on June 27.
As for 15-year bonds, 110 billionVND (4.88 million USD) was raised at an interest rate of 4.7 percent per annum,equivalent to that of an auction on June 27.
Meanwhile, 20-year bonds raised300 billion VND (13.2 million USD) at a yearly rate of 5.22 percent, marking a 0.02percent increase from that of an auction on June 27.
Last year, Vietnam sold some159.9 trillion VND, or 7.03 billion USD, worth of G-bonds with an averagematurity of 13.52 years and annual interest averaging 6.07 percent, down 0.2percentage points against 2016.
The interest rates of Governmentbonds have been on the rise lately, after a long period of decline throughout2017 and the first four months of 2018.-VNA
The auction had planned to sell 6trillion VND (264.3 million USD) worth of G-bonds with a 5-year, 7-year,10-year, 15-year, 20-year, and 30-year maturity.
As much as 200 billion VND (8.8million USD) was mobilised from five-year bonds with an annual interest rate of3.45 percent, 0.35 percent higher than that of the previous auction on June 20.
Ten-year bonds were sold for 1trillion VND (44 million USD) with an annual yield rate of 4.4 percent, up 0.03percent from that of the previous auction on June 27.
As for 15-year bonds, 110 billionVND (4.88 million USD) was raised at an interest rate of 4.7 percent per annum,equivalent to that of an auction on June 27.
Meanwhile, 20-year bonds raised300 billion VND (13.2 million USD) at a yearly rate of 5.22 percent, marking a 0.02percent increase from that of an auction on June 27.
Last year, Vietnam sold some159.9 trillion VND, or 7.03 billion USD, worth of G-bonds with an averagematurity of 13.52 years and annual interest averaging 6.07 percent, down 0.2percentage points against 2016.
The interest rates of Governmentbonds have been on the rise lately, after a long period of decline throughout2017 and the first four months of 2018.-VNA
VNA
