Viet Nam News

  In Viet Nam News

Government bonds sold for US$672.6 million this week

The State Treasury of Vietnam raised VNĐ15.6 trillion (more than US$672.6 million) worth of government bonds at the Hà Nội Stock Exchange this week.

A total of VNĐ12.5 trillion worth of g-bonds was put up for sale, including 10-year, 15-year, 20-year and 30-year bonds.

Ten-year bond notes were sold for VNĐ7 trillion at an average annual yield rate of 2.78 per cent, 0.09 per cent lower than the previous auction on July 8.

A total of VNĐ4 trillion was mobilised from 15-year bonds with an annual interest rate of 2.99 per cent, down 0.07 per cent from the previous auction.

Meanwhile, investors bought VNĐ1 trillion worth of 20-year bonds with a yield rate of 3.34 per cent per annum, 0.01 per cent lower than that of the July 8 auction.

The State Treasury also raised VNĐ500 billion worth of 30-year bonds with an annual average yield rate of 3.5 per cent, 0.5 per cent higher than the previous auction on March 11.

So far this year, the State Treasury has raised more than VNĐ136.38 trillion from g-bond auctions. — VNS