State Treasury raises 2.4 trillion VND through bond sales

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State Treasury raises 2.4 trillion VND through bond sales

vietnamplus.vn - 5/16/2019 11:02:15 AM

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The State Treasury of Vietnam raised a total of 2.4 trillion VND (104.3 million USD) worth of government bonds (G-bonds) during a recent auction at the Hanoi Stock Exchange (HNX).

Eight bidders bought 10-year bonds worth 1 trillion VND at an annual interest rate of 4.72 percent, equivalent to that of the previous sale on May 8.

The 15-year bonds were purchased by seven bidders for 1 trillion VND, yielding 5.06 percent each year, the same as in the May 8 auction.

Bonds with 30-year maturity raised 400 billion VND with an annual rate of 5.88 percent, 0.03 percent higher than that of the May 2 auction.

Meanwhile, five-year bonds worth 500 billion VND went unsold.

Since early this year, the State Treasury has raised nearly 88 trillion VND via government bond auctions at the HNX.-VNA

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