Government bond yields edge higher

Around VND200 billion (US$9.5 million) of two-year bonds issued by the Bank for Social Policy were sold yesterday, yielding 7.6 per cent, higher than the previous auction by 0.1 per cent.

The bank has raised over VND5.4 trillion ($257.1 million) through bonds since earlier this year.

On Thursday, bonds issued by the State Treasury were also bought at a value of VND3.25 trillion ($154.7 million), yielding between 6.68-7.65 per cent, higher than the previous auction by 0.15-0.35 per cent.

The State Treasury has raised VND91.67 trillion ($4.3 billion) through bonds since earlier this year.

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