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Over $2.5 billion in G-bonds sold in July

Update: August, 05/2020 - 08:56

 

Twenty-one Government bond auctions were held on the Hà Nội Stock Exchange (HNX) in July. — VNA/VNS Photo

HÀ NỘI — Through 21 Government bond auctions on the Hà Nội Stock Exchange (HNX) in July, the State Treasury raised more than VNĐ58.67 trillion (US$2.5 billion), up 80 per cent against June.

Some 78.7 per cent of the G-bonds offered were sold.

Annual interest rates were down 0.08-0.21 per cent compared to June, with the highest fall seen in five-year bonds.

On the secondary G-bond market, trading volumes averaged more than VNĐ10.25 trillion per session, up 25 per cent month-on-month. The value of G-bonds traded via repurchasing agreements (repos) accounted for 32.5 per cent of the total market value.

Meanwhile, total outright purchases of 1.4 billion G-bonds were worth over VNĐ159 trillion, up 39 per cent against June.

Foreign investors made outright purchases of more than VNĐ4.3 trillion and outright sales of over VNĐ4.27 trillion. They did not make any repos transactions.

Total listed G-bonds were valued at more than VNĐ1.21 quadrillion as of July 31. — VNS

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