Wednesday, December 7 2016

VietNamNews

Treasury off-loads $116m of Government bonds

Update: January, 22/2016 - 08:40

HA NOI (VNS) — The State Treasury of Viet Nam off-loaded some VND2.6 trillion (US$115.7 million) in government bonds on January 20, the Ha Noi Stock Exchange (HNX) reported.

The entire block of three-year bonds were sold at a coupon rate of 5.78 per cent per year, while some of the other bonds were picked up within the day. — Photo vir

HNX said the treasury offered VND2 trillion ($89 million) in five-year bonds, VND1 trillion ($44.5 million) in three-year bonds and VND1 trillion ($44.5 million) in 20-year bonds.

The entire block of three-year bonds were sold at a coupon rate of 5.78 per cent per year, while some of the other bonds were picked up within the day.

Thus, VND1.1 trillion ($48.9 million) in five-year bonds were bought at a coupon rate of 6.58 per cent per year, while VND60 billion ($2.67 million) in bonds with a 20-year term were sold at a coupon rate of 7.75 per cent per year.

Since the beginning of 2016, the treasury has sold VND5.7 trillion ($253.8 million) worth of bonds. — VNS

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