The Hanoi Stock Exchange organised 14 auctions of Government bonds in July, raising 15.17 trillion VND (667.48 million USD) (Photo: VNA)Hanoi (VNA) – The Hanoi Stock Exchange (HNX) organised14 auctions of Government bonds in July, raising 15.17 trillion VND (667.48million USD) which fell by 32 percent from the previous month.
While five-year bonds were sold with annualinterest rates of between 4.48 and 4.9 percent, annual interest rates forseven-, 10- and 15-year bonds are 4.95-5.19 percent, 5.38 percent and 5.75-6.25percent, respectively.
The sold 20- and 30-year bonds bear therespective interest rates of 5.82-6.55 percent and 6.22-6.65 percent per annum.
The interest rates dropped sharply compared tothose in June, down 0.42 percent for five-year bonds, 0.25 percent forseven-year bonds, 0.27 percent for 10-year bonds, 0.55 percent for 15-yearbonds, 0.85 percent for 20-year bonds, and 0.88 percent for 30-year bonds.
[Government bonds become darling of foreign investors]
On the secondary market, more than 1.02 billionG-bonds worth some 110 trillion VND (4.84 billion USD) were sold via outrighttransactions in July, down 1.3 percent in value from June.
Meanwhile, over 988 million G-bonds worth 98.8trillion VND (4.35 billion USD) were sold via repo transactions, down 0.42percent in value from June.-VNA
VNA
