Hanoi Stock Exchange (HNX) has reported the tender results of government-guaranteed bonds issued by the Vietnam Development Bank (VDB) on February 15.
In details, the offered volume was five trillion dong, including two trillion dong for 3-year tenor and three trillion dong for 5-year tenor.
For 3-year tenor, the total bid volume reached 3.8 trillion dong, 1.9 times higher than the offered volume. The registered coupon rate ranged between 11.85 percent and 12.3 percent per annum, down 0.3-1.7 percentage points from the registered coupon rate in the previous tender.
Finally, two trillion dong worth of 3-year tenor bond was sold successfully at the yield of 12.09 percent p.a., down 0.11 percentage points from the previous tender.
For 5-year tenor bonds, the total bid volume was 4.5 trillion dong, 1.5 folds higher than the offered volume. The registered coupon rate ranged between 12 percent and 12.35 percent p.a., down 0.1-0.22 percentage points from the last tender.
Accordingly, all three trillion dong worth of 5-year tenor bond was sold successfully at the yield of 12.2 percent p.a., lower than the previous tender by 0.05 percentage points.
Totally, the total bid volume for both tenors reached 8.3 trillion dong, nearly 1.7 times higher than the offered volume. The successful yield in this tender also decreased against the previous tender.
Thus, VDB succeeded in raised five trillion dong worth of G-bonds, reaching the winning ratio of 100 percent with the lower yield than the previous tender.
In the context of abundant liquidity of credit institutions, since after Lunar New Year (Tet) holiday, more than 15 trillion dong worth of G-bonds have been issued successfully.