Viet Nam expects to raise VND120 trillion worth of G-bonds in Q3

The State Treasury recently announced a plan to auction Government bonds worth VND120 trillion (US$5.21 billion) via the Ha Noi Stock Exchange in the third quarter of the year.

Specifically, five-year bonds will be worth VND10 trillion, seven-year ones VND8 trillion, 10-year bonds valued at VND40 trillion, 15-year bonds VND50 trillion, 20-year bonds VND5 trillion and 30-year bonds VND7 trillion.

The State Treasury could adjust the volume of issued bonds to suit market situation and meet the demand for State budget use.

In the first half of this year, it mobilised over VND141.4 trillion worth of Government bonds, or 40.4 per cent of the target assigned by the Ministry of Finance. 

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