State treasury raises VNĐ5.9 trillion from government bonds

June 02, 2017 - 18:00
The State treasury has sold bonds worth around VNĐ103.4 trillion through auctions at HNX from the beginning of this year. — Photo baochinhphu.vn
Viet Nam News

HÀ NỘI — The State treasury has successfully raised VNĐ5.9 trillion (US$260 million) for the State budget through an auction of Government bonds on the Hà Nội Stock Exchange (HNX) on Thursday.

The bonds were offered for four tenures: five years and seven years, with VNĐ2 trillion for each term; and 10 years and 15 years, valued at VNĐ1 trillion.

The five-year bonds brought in only VNĐ1.343 trillion with a winning yield of 5.05 per cent, up two basic points compared to the previous sale on May 24.

The seven-year and 10-year bonds sold for a total value of VNĐ3 trillion, at lower interest rates compared to the previous sessions, with winning yields of between 5.34 per cent and 5.91 per cent per year.

The 15-year bonds raised VNĐ950 billion, with a winning yield of 6.64 per cent, which is six basic points lower compared to the session held on May 17.

A total of VNĐ600 billion was raised in the sub-session sales for the 10-year and 15-year terms.

Since early this year, the State treasury has been selling Government bonds. So far it has sold bonds worth around VNĐ103.4 trillion through auctions at HNX. — VNS

 

 

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