Government bonds sold for US$1.4 billion in June

July, 03/2020 - 15:23
G-bond sales in June was up 77.2 per cent on-month with 90 per cent of the total offered volume being sold

 

The photo of the Hà Nội Stock Exchange. The northern market regulator held 16 auctions in June to raise US$1.4 billion worth of government bonds. — Photo hnx.vn

HÀ NỘI — The State Treasury raised total VNĐ32.6 trillion (more than US$1.4 billion) worth of government bonds in 16 auctions at the Hà Nội Stock Exchange in June.

G-bond sales in June was up 77.2 per cent on-month with 90 per cent of the total offered volume being sold.

Annual interest rates of 10-year and 15-year bonds rose by 0.04-0.05 per cent against May while those of five-year and 20-year ones declined 0.04-0.25 per cent.

On the secondary G-bond market, trading value averaged nearly VNĐ8.2 billion per session, a month-on-month decrease of 11.8 per cent.

Total outright purchases of G-bonds in June dropped 8 per cent on-month to VNĐ114 trillion. Total trading value of G-bonds via repurchasing agreements (repos) was VNĐ65.3 trillion, up 7.9 per cent month-on-month.

Foreign investors made outright purchases of more than VNĐ5.2 trillion, and outright sales of over VNĐ3 trillion. They did not make any repo transactions.

Total listed G-bonds were valued at more than VNĐ1.16 quadrillion as of June 30. — VNS

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