Hanoi (VNA) - The State Treasurymobilised 4 trillion VND (172.66 million USD) through Government bond auctionson the Hanoi Stock Exchange (HNX) on October 16.
Accordingly, the State Treasury offered five-yearbonds valued at 500 billion VND, 10-year and 15-year bonds each valued at 1.5trillion VND, and 20-year bonds valued at 500 billion VND.
A total of 500 billion VND was mobilised fromfive-year bonds with an annual interest rate of 2.85 percent, down 0.04 percentfrom the auction on October 2.
Bonds with 10-year maturity raised 1.5trillion VND with an annual interestrate of 3.78 percent,down 0.18 percent as compared with the October 9 auction.
Meanwhile, 1.5 trillion VND was collected via 15-year bondswith a yield rate of 4 percent, down 0.21 percent from the auction on October 9.
The State Treasury also raised 500 billion VNDworth of 20-year bonds with an annual average yield rate of 4.58 percent, 0.30percent lower than the previous auction on October 2.
So far this year, the State Treasury has collected over 166.18 trillion VND fromG-bond auctions at the HNX./.
The State budget’s domestic revenue in the first eight months of 2019 is estimated at 808.8 trillion VND (34.8 billion USD), according to the Ministry of Finance.
Over the past 10 years, the interest rates of successfully-issued Government bonds (G-bonds) have decreased significantly, saving thousands of billions of VND for the State budget, contributing to regulate and stabilise the macroeconomy.
The State Treasury raised more than 9.65 trillion VND (415.87 million USD) via 15 auctions of Government bonds (G-bonds) at the Hanoi Stock Exchange (HNX) in September.
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A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
Illustrative image (Source: vneconomy) 
