Thursday, April 2 2020

VietNamNews

State treasury earns $216.6m from bond sales

Update: March, 10/2020 - 08:52

 

All government bonds were sold successfully last week, raising more than US$216.6 million for the State budget. — Photo hanoimoi.com.vn

HÀ NỘI — The State Treasury of Việt Nam last week raised VNĐ5 trillion (US$216.6 million) through bond sales with interest rates losing 11-37 basis points per annum over four terms.

The treasury offered VNĐ500 billion worth of seven-year bonds and VNĐ1.5 trillion for 15-year, 20-year and 30-year bonds.

All bonds were successfully offloaded. The auction took place at the Hà Nội Stock Exchange.

The successfully-bid interest rate for seven-year bonds was 2 per cent per annum, down 0.24 basis points from the previous auction on February 19.

The rates for 15-year, 20-year and 30-year bonds were 2.51 per cent, 2.98 per cent and 3.25 per cent per annum.

The three rates were down between 0.11 basis points and 0.37 basis points.

Since the beginning of 2020, the State Treasury has raised a total of VNĐ28.26 trillion from selling Government bonds at the Hà Nội Stock Exchange.

In the first three months of the year, the treasury plans to raise VNĐ50-60 trillion from Government bonds. — VNS

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