Monday, September 25 2017

VietNamNews

State treasury mobilises VNĐ200 billion through government bonds

Update: September, 05/2017 - 17:30
The State Treasury of Việt Nam mobilised VNĐ200 billion through government bond auctions last week. - Photo baodauthau.vn
Viet Nam News

HÀ NỘI – The State Treasury of Việt Nam mobilised VNĐ200 billion (US$8.77 million) through Government bond auctions last week, the Hà Nội Stock Exchange (HNX) said.

According to the HNX, a winning volume was more than two weeks ago, but it was still very low, accounting for only 10 per cent of the offered bonds, Thời báo tài chính newspaper reported.

Last week, bonds valued at a total of VNĐ2 trillion were offered for four tenures - five years, seven years, 10 years and 15 years. Ten-year bonds attracted five bidders with eligible bid volume at VNĐ1.051 trillion and an annual interest rate of between 5.38 and 6.3 per cent. Thus, the State Treasury mobilised VNĐ200 billion from issuing 10-year bonds with annual interest rate of 5.38 per cent.

However, the five-year, seven-year and 15-year bonds did not see a winning volume.

Since early this year to date, the State Treasury has mobilised VNĐ144.093 trillion through Government bonds issued on the HNX. — VNS

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