Business

Treasury off-loads 116 million USD of Government bonds

The State Treasury of Vietnam off-loaded some 2.6 trillion VND (115.7 million USD) in government bonds on January 20, the Hanoi Stock Exchange (HNX) reported.
Treasury off-loads 116 million USD of Government bonds ảnh 1Money is counted at the Vietcombank headquarters in Hanoi (Photo: VNA)

Hanoi (VNA) – The State Treasury of Vietnam off-loaded some 2.6 trillion VND (115.7 million USD) in government bonds on January 20, the Hanoi Stock Exchange (HNX) reported.

HNX said the treasury offered 2 trillion VND (89 million USD) in five-year bonds, 1 trillion VND (44.5 million USD) in three-year bonds and 1 trillion VND (44.5 million USD) in 20-year bonds.

The entire block of three-year bonds were sold at a coupon rate of 5.78 percent per year, while some of the other bonds were picked up within the day.

Thus, 1.1 trillion VND (48.9 million USD) in five-year bonds were bought at a coupon rate of 6.58 percent per year, while 60 billion VND (2.67 million USD) in bonds with a 20-year term were sold at a coupon rate of 7.75 percent per year.

Since the beginning of 2016, the treasury has sold 5.7 trillion VND (253.8 million USD) worth of bonds.-VNA

VNA
#State Treasury of Vietnam#government bonds#Hanoi Stock Exchange#HNX
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