Tuesday, October 19 2021

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More than $1.7 billion mobilised through G-bond auctions in Q1

Update: April, 05/2021 - 06:17

 

The State Treasury raised nearly VNĐ39.21 trillion (over US$1.7 billion) worth of Government bonds via 40 auctions on the Hà Nội Stock Exchange (HNX) in the first quarter of 2021. VNA/VNS Photo

HÀ NỘI — The State Treasury raised nearly VNĐ39.21 trillion (more thanUS$1.7 billion) worth of Government bonds via 40 auctions on the Hà Nội Stock Exchange (HNX) in the first quarter of 2021.

In the quarter, the total value of listed G-bonds was estimated at more than VNĐ1.34 quadrillion, down 0.7 per cent compared to late 2020.

The average trading value reached VNĐ12.3 trillion per session, a year-on-year surge of 20.2 per cent.

Trading volume through repurchase agreements (repos) accounted for 33.57 per cent of the total transaction value in the market.

In Q1, foreign investors net bought VNĐ5.9 trillion, making up 2.04 per cent of the total amount.

In March alone, more than VNĐ12.19 trillion was mobilised through 21 G-bond auctions, a month-on-month surge of 246 per cent.

Interest rates of bonds in successful bids expanded on the maturities of five years, 10 years, 15 years and 30 years, with an increase ranging from 0.04 – 0.13 per cent each year.

On the secondary G-bond market, the average trading value in the month reached VNĐ10.41 trillion per session, down 9.7 per cent month-on-month.

The total outright purchases of G-bonds in the month topped 1.5 billion bonds valued at VNĐ167 trillion.

Meanwhile, the total volume traded via repos exceeded 671 million bonds, worth more than VNĐ72.5 trillion, down 8.13 per cent from the previous month.

Foreign investors made purchases of more than VNĐ5.4 trillion, and outright sales of VNĐ3.7 trillion. VNS

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