Government issues more bonds
In the first half of this year, bonds worth a total of VND54.8 trillion found buyers, an increase of 45 per cent compared to the same period last year. Around 74 per cent of the bonds were three-year and five-year bonds.
In accordance with the decline in bank interest rates, bonds yields also decreased throughout each month. The yields in June ranged around 9-9.5 per cent.
Meanwhile, sold Government-guaranteed bonds totalled VND32.6 trillion, accounting for 55 per cent of this year's plan. Of these, the Viet Nam Development Bank successfully sold a value of VND20 trillion, while the remaining was issued by the Social Policy Bank.
The State Treasury was set to raise capital through the issuance of Government bonds worth VND100 trillion and Government-guaranteed bonds worth VND59 trillion this year.
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