Business

1.5 trillion VND raised from Government bonds

The Hanoi Stock Exchange (HNX) has recently held an auction to sell 1.5 trillion VND (69.4 million USD) worth of Government bonds in five-year term.
The Hanoi Stock Exchange (HNX) has recently held an auction to sell 1.5trillion VND (69.4 million USD) worth of Government bonds in five-yearterm.

The money mobilised to the State Treasury has anannual interest rate of 6.4 percent, 0.03 percent higher than that ofthe previous tender.

The bonds on offer were worth2.5 trillion VND (116.3 million USD) in total, including those offive-year and 15-year terms.

Earlier on June 26, theHNX in conjunction with the State Treasury to launch an onlinegovernment bond transaction system (E-BTS).

Thesystem is expected to make the government bond market more lucrative,attracting more domestic and international capital to Vietnam’s bondmarket, eventually contributing to liquidation.-VNA
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