Friday, September 22 2017

VietNamNews

State Treasury raises US$228.77 million from Government bonds

Update: May, 18/2017 - 14:49
As many as VNĐ5.2 trillion (US$228.77 million) was raised for the State budget through the auction of Government bonds held in Hà Nội on Wednesday. — Photo cafeF
Viet Nam News

HÀ NỘI – The Việt Nam State Treasury has successfully raised VNĐ5.2 trillion (US$228.77 million) for the State budget through the auction of Government bonds.

The auction was organised by the Hanoi Stock Exchange (HNX) on Wednesday.

During the initial sessions, the bonds for five years, seven years, 10 years and 15 years -- with VNĐ1 trillion in each term -- did well, collecting VNĐ4 trillion at annual winning yields of 5.16 per cent, 5.44 per cent, 5.97 per cent and 6.70 per cent, respectively.

The yields of five-year and seven-year bonds were 0.06 per cent lower than the previous sessions held on May 10. Meanwhile, the rate of 10-year and 15-year bonds were reduced by 0.03 per cent compared with the previous sessions on May 3.

The remainder of VNĐ1.2 trillion, VNĐ300 billion for each term, was raised in the sub-session sales for the four terms.

Since early this year, the State Treasury has sold Government bonds worth nearly VNĐ91.64 trillion through auctions at HNX. – VNS

 

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