State Treasury raises US$228.77 million from Government bonds

The Viet Nam State Treasury has successfully raised VND5.2 trillion (US$228.77 million) for the State budget through the auction of Government bonds.

The auction was organised by the Hanoi Stock Exchange (HNX) on Wednesday.

During the initial sessions, the bonds for five years, seven years, 10 years and 15 years -- with VND1 trillion in each term -- did well, collecting VND4 trillion at annual winning yields of 5.16 per cent, 5.44 per cent, 5.97 per cent and 6.70 per cent, respectively.

The yields of five-year and seven-year bonds were 0.06 per cent lower than the previous sessions held on May 10. Meanwhile, the interest rate of 10-year and 15-year bonds were reduced by 0.03 per cent compared with the previous sessions on May 3.

The remainder of VND1.2 trillion, VND300 billion for each term, was raised in the sub-session sales for the four terms.

Since early this year, the State Treasury has sold Government bonds worth nearly VND91.64 trillion through auctions at HNX.

bizhub

>   Chemical firm to issue bonds and shares for MA (18/05/2017)

>   Central Bank approves BIDV bond issue of $900 million (17/05/2017)

>   G-bonds worth over $1.1b worth raised in April (04/05/2017)

>   SSI to issue bonds worth VND300 billion again (26/04/2017)

>   State raises $281.78 million in latest bond auction (22/04/2017)

>   Vietcombank to issue bonds worth VND8 trillion (14/04/2017)

>   State Treasury mobilises VND6.8 trillion through Government bonds (14/04/2017)

>   Govt mobilises $184 million through G-bond auctions (30/03/2017)

>   SHS: Disclosure Information on Bond Issuance (24/03/2017)

>   Treasury to boost bond market with new lending mechanism (18/03/2017)