Friday, October 28 2016


HNX offloads $1.26b of gov’t bonds in February

Update: March, 07/2016 - 11:00
Investors gather for a bond auction at the Ha Noi Stock Exchange. — VNA/VNS Photo Tuan Anh
HA NOI (VNS) — The Ha Noi Stock Exchange (HNX) sold VND28.3 trillion (US$1.26 billion) worth of government bonds issued by the State Treasury of Viet Nam in eight auctions in February.
This marked an increase of 15.8 per cent compared with January.
The coupon rate of the three-year bonds sold ranged from 5.5 per cent to 5.75 per cent per year, while for the five-year bonds, it ranged from 6.29 per cent to 6.6 per cent per year. The coupon rate of the 15-year bonds was 7.65 per cent per year.
Compared with January, the coupon rate of the three-year bonds in February fell by some 0.28 per cent per year, five-year bonds dropped by some 0.29 per cent per year and 15-year bonds remained the same.
On the secondary market, the total volume of government bonds sold by the outright method reached more than 493 million, worth VND51.6 trillion ($2.3 billion), in February, marking a 52.1 per cent increase in value over January.
Trading volume through repurchase agreements (repos) was 261 million bonds, worth over VND25.3 trillion ($1.13 billion), up 111 per cent compared with the previous month.
Foreign investors bought more than VND6.5 trillion ($291 million) worth of bonds and sold more than VND3 trillion ($134 million) of them under the outright method.
Sales transactions under the repos method by foreigners reached a value of VND90 billion ($4.03 million), while no buying transactions were recorded. — VNS

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