Tuesday, October 17 2017

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State Treasury mobilises VNĐ6.8 trillion through Government bonds

Update: April, 13/2017 - 16:00
The State Treasury plans to issue Government bonds of VNĐ183.3 trillion. — Photo baochinhphu.vn
Viet Nam News

HÀ NỘI — The Việt Nam State Treasury raised around VNĐ6.8 trillion (US$300 million) for the state budget through an auction of bonds on the Hà Nội Stock Exchange (HNX) on Wednesday.

The bonds were offered for five tenures - five years, seven years, 15 years and 20 years -  with VNĐ1 trillion in each term, and the 30-year term valued at VNĐ2 trillion.

Bonds worth a total of VNĐ3 trillion for five, 15 and 20 years got sold out at lower interest rates compared to the previous sessions, with winning yields of between 5.1 per cent and 7.36 per cent per year.

For seven-year bonds, only VNĐ610 billion of VNĐ1 trillion was raised, with a winning yield of 5.43 per cent, a similar rate to the previous sale on April 5.

The 30-year bonds did well, collecting VNĐ2 trillion at 7.79 per cent interest per year, six basic points lower compared to the session held on April 5.

A total of VNĐ1.2 trillion was raised in the sub-session sales for the three terms of 15, 20 and 30 years.

The state treasury has mobilised around VNĐ68.3 trillion since the beginning of this year. In 2017, it plans to issue Government bonds of VNĐ 183.3 trillion.  — VNS

 

 

 

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