The State Treasury raised nearly VNĐ36.6 trillion (US$1.58 billion) worth of Government bonds, or 79.12 per cent of the total G-bonds on offer, via 12 auctions on the Hà Nội Stock Exchange in February.

 

In the first two months of this year, the State Treasury raised more than VNĐ69.42 trillion, or 64.28 per cent of the Q1 plan and 17.36 per cent of the yearly plan. Most of them were 10-year and 15-year bonds, accounting for 52.19 per cent and 45.21 per cent, respectively.

 

Notably, their interest rates trended down, reaching 4.12 per cent for 10-year bonds and 4.32 per cent for 15-year bonds, down 0.24 per cent from those in the last auction of the previous month.

 

On the secondary market, the trading value of G-bonds during the month reached VNĐ111.49 trillion, up 96.32 per cent month-on-month, with outright transaction value making up 65.16 per cent. The remainder were those traded via repurchase agreements.

 

During the month, the transactions of commercial banks accounted for 70.48 per cent while those of securities companies were 29.52 per cent. VNS