State Treasury to mobilise VND80 trillion of G-bonds in Q2

The State Treasury of Viet Nam has announced plans to auction Government bonds through the Ha Noi Stock Exchange (HNX) in the second quarter with a total issuance of VND80 trillion (US$3.43 billion).

Specifically, the State Treasury plans to issue VND10 trillion of five-year bonds; VND5 trillion of seven-year bonds; VND26 trillion of 10-year bonds; VND30 trillion of 15-year bonds; VND4 trillion of 20-year bonds and some VND4 trillion of 30-year bonds.

In the process of implementation, the State Treasury can adjust the volume of issuing bond periods to suit the market situation and the demand for capital of the State budget.

In April 2019, the State Treasury held four auction sessions of Government bonds through the HNX and mobilised nearly VND12.58 trillion for the State budget and for development investment.

By April 25, 2019, the State Treasury mobilised more than VND89.04 trillion; reaching 29 per cent of the assigned plan.

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