Specialised government bond market to open

The Hanoi Stock Exchange Department has announced that it will open and operate a specialised government bond market on September 24.

The specialised market is expected to help develop the government bond market in Vietnam in terms of both scale and depth, the department said on September 3.

This will serve as a base to reform policies on interest rates and government bond bidding, the department said, adding that it also aims to innovate the government’s management of macroeconomic policies.

The operation of the new system is built completely separate from the stock market, with a transaction model suitable for the government bond market in Vietnam.

On September 1, the Hanoi Stock Exchange agreed to accept 12 stock companies and a commercial bank as members of the new system.

vov, vietnamplus

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