State Treasury raises $21.3 million from G-bonds

18-Apr-2020 Intellasia | VNS | 6:02 AM Print This Post

The State Treasury mobilised VND500 billion (US$21.27 million) through a government bond auction on the Hanoi Stock Exchange (HNX) on Wednesday.

Some VND3.5 trillion worth of G-bonds were offered, including 10-year and 15-year bonds each valued at VND1.5 trillion, and 30-year bonds valued at VND500 billion.

The State Treasury raised VND300 billion worth of ten-year bonds with an annual average yield rate of 2.28 per cent, up 0.1 per cent from the previous auction on March 11.

A total of VND100 billion was mobilised from 15-year bonds with an annual interest rate of 2.63 per cent, up 0.1 per cent from the auction on March 18.

Meanwhile, VND100 billion worth of 30-year bonds were sold with a yield rate of 3.1 per cent, up 0.1 per cent as compared with the March 11 auction.

So far this year, the State Treasury has raised over VND33.5 trillion from G-bond auctions at the HNX.

http://bizhub.vn/markets/state-treasury-raises-213 million-from-g-bonds_314860.html

 

Category: Finance, Vietnam

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