G-bonds worth over $1.1b worth raised in April

May 04, 2017 - 11:41

The Hà Nội Stock Exchange (HNX) raised government bonds worth some VNĐ25.1 trillion (US$1.1 billion USD) in April, down 23.9 per cent from March, during 18 bidding sessions.

The Hà Nội Stock Exchange raised government bonds worth some VNĐ25.1 trillion (US$1.1 billion USD) during 18 bidding sessions in April. — Photo hanoimoi.com.vn
Viet Nam News

HÀ NỘI – The Hà Nội Stock Exchange (HNX) raised government bonds worth some VNĐ25.1 trillion (US$1.1 billion USD) during 18 bidding sessions in April, down 23.9 per cent from March. 
The five-year bonds offer an annual interest rate of 5.1-5.22 per cent, while the seven-year bonds yield 5.43-5.48 per cent, up 0.12 per cent and 0.05 per cent from March, respectively. 
The others with 10-year, 15-year, 20-year and 30-year maturity have respective coupon rates of 5.99 per cent, 6.74-6.79 per cent, 7.1-7.36 per cent and 7.63-7.85 per cent, marking month-on-month decreases of 0.06 per cent, 0.11 per cent, 0.35 per cent and 0.27 per cent. 
On the secondary market, total volume of outright trading topped 640 million bonds, or VNĐ67.6 trillion ($2.97 billion), down 16.5 per cent in value over last month. 
Trading volume through repurchase agreements (repos) was more than 883 million bonds, equivalent to VNĐ85.9 trillion ($3.77 billion), down 2.6 per cent month-on-month. 
Foreign investors did outright trading worth in excess of VNĐ5 trillion ($220 million) in purchase value and VNĐ4.3 trillion ($189.2 million) in sales value. They also did repos selling of upwards VNĐ190 billion ($8.36 million) and had no repos purchase during the month. – VNS

 

E-paper