More than $1.7 billion mobilised through G-bond auctions in Q1
The State Treasury raised nearly VND39.21 trillion (more thanUS$1.7 billion) worth of Government bonds via 40 auctions on the Ha Noi Stock Exchange (HNX) in the first quarter of 2021.
In the quarter, the total value of listed G-bonds was estimated at more than VND1.34 quadrillion, down 0.7 per cent compared to late 2020.
The average trading value reached VND12.3 trillion per session, a year-on-year surge of 20.2 per cent.
Trading volume through repurchase agreements (repos) accounted for 33.57 per cent of the total transaction value in the market.
In Q1, foreign investors net bought VND5.9 trillion, making up 2.04 per cent of the total amount.
In March alone, more than VND12.19 trillion was mobilised through 21 G-bond auctions, a month-on-month surge of 246 per cent.
Interest rates of bonds in successful bids expanded on the maturities of five years, 10 years, 15 years and 30 years, with an increase ranging from 0.04 – 0.13 per cent each year.
On the secondary G-bond market, the average trading value in the month reached VND10.41 trillion per session, down 9.7 per cent month-on-month.
The total outright purchases of G-bonds in the month topped 1.5 billion bonds valued at VND167 trillion.
Meanwhile, the total volume traded via repos exceeded 671 million bonds, worth more than VND72.5 trillion, down 8.13 per cent from the previous month.
Foreign investors made purchases of more than VND5.4 trillion, and outright sales of VND3.7 trillion.
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