4.1 trillion VND (175.5 million USD) worth of Government bonds mobilised at an auction this week (Source: VNA)Hanoi (VNA) – A total of 104.2 trillion VND (4.46 billion USD) hadbeen raised this year by the State Treasury of Vietnam via auctions ofGovernment bonds at the Hanoi Stock Exchange as of August 22.
At an auction this week, the State Treasurymobilised 4.1 trillion VND (175.5 million USD) worth of 10-year and 15-yearGovernment bonds.
The auction had planned to sell 5.5 trillionVND (235.5 million USD) worth of G-bonds with a 5-year, 7-year, 10-year,15-year and 30-year maturity.
Bonds with 10-year maturity raised 1.5trillion VND (64.2 million USD) with annual interest rate of 4.6 percent, up0.03 percent from the previous auction on August 15.
A sub-session auction of 10-year bonds drew600 billion VND (25.7 million USD) with yearly interest rate of 4.6 percent.
Those with 15-year term attracted 1.4trillion VND (59.9 million USD) with an annual interest rate of 4.87 percent,up 0.03 percent in comparison with the rate of the previous auction.
As many as 600 billion VND was mobilisedfrom 15-year bonds at the sub-session auction with an interest rate of 4.87percent per year.
No bonds of five-year, seven-year and30-year terms were sold at this auction.
Last year, Vietnam sold some 159.9 trillionVND, or 6.84 billion USD, worth of G-bonds with an average maturity of 13.52years and annual interest averaging 6.07 percent, down 0.2 percentage pointsagainst 2016.-VNA
VNA
