Illustrative image (Source: VNA)Hanoi (VNA) - More than 36.3 trillion VND (over 1.55 billion USD) was mobilised for the State Treasury of Vietnam fromthe auction of Government bonds (G-bonds) at the Hanoi Stock Exchange (HNX) inJanuary, a month-on-month fall of 19.2 percent.
According to the HNX, it held 18 auction sessions in the month. The rateof successful bids was at 87.5 percent in January.
The bonds were offered for six tenures: five years,seven years, 10 years, 15 years, 20 years and 30 years.
In particular, the interest rates of five-year bonds were between 3.8 - 3.82percent per annum while those for seven-year bonds fetched 4.17 - 4.35 percentper annum.
Ten-year bonds fetched annual interest rates of 4.8 - 5.1 percent; and 15-year bondsfetched 5.12 - 5.3 percent per annum.
The annual interest rates for 20-year bonds ranged from 5.59 - 5.6 percent; whilethe that for 30-year bonds was 5.8 percent.
On the secondary G-bond market, the total volume of G-bonds soldby the outright method reached over 694 million, worth 75.6 trillion VND, down 2percent in value compared to that of December 2018.
Meanwhile, the trading volume through repurchase agreements(repos) reached over 814 million bonds valuing at over 81.8 trillion VND, down2 percent in value month-on-month.
Foreign investors made outright purchases ofmore than 5.1 trillion VND and outright sales of over 3 trillion VND.-VNA
VNA
