Government bond interest rates continue to decline in January

04-Feb-2021 Intellasia | VnEconomy | 6:51 AM Print This Post

The Hanoi Stock Exchange (HNX) has announced that the government bond market on the HNX continued to see active movements right from the beginning of 2021 on both primary and secondary markets.

Specifically, on the primary market, through 12 auctions held in January, the State Treasury raised a total of 23.496 trillion dong of bonds. The winning rate was 90.36%, and the bidding volume was 2.99 times higher than the offer volume.

Thus, compared to December 2020, the winning interest rate of the State Treasury fell on terms of five, 10, 15, and 30 years with a decrease of 0.11 — 0.15 percent per annum.

On the secondary market, the average trading value of government bonds in January was 15.174 trillion dong per session, up by 8.16 percent compared to the previous month, the highest level since early 2020.

The outright trading volume of government bonds reached more than 1.82 billion bonds, equivalent to a trading value of 202.1 trillion dong, down by 5.42 percent in value compared to the previous month.

The repos trading value of government bonds was more than 957.7 million bonds, equivalent to a trading value of more than 101.3 trillion dong, down by 6.97 percent in value compared to the previous month. The repos trading value accounted for 33.4 percent of the total market trading value.

Regarding the trading of foreign investors, the value was more than 8.75 trillion dong, equivalent to a trading value of more than 5.93 trillion dong. Thus, foreign investors net bought 2.8 trillion dong in January.

 

Category: Finance, Vietnam

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