Illustrative image (Photo: VNA) Hanoi (VNA) – The State Treasury has mobilised nearly 174.2 trillion VND (around 7.5 billion USD at current exchange rate) through Government bond auctions on the Hanoi Stock Exchange (HNX), fulfilling 70 percent of the yearly plan.
The latest auction this week brought in 4 trillion VND (172.38 million USD), with all issued bonds sold.
The interest rates in successful bids rose slightly for 10- and 15-year bonds, but down for 20-year bonds compared to the previous auctions on October 24.
A report of Military Bank Securities said abundant liquidity of the system and strong drops in inter-bank interests have pushed G-bond interest rate down to a 10-year low.
Meanwhile, demand for G-bonds on the primary market is high, reflected in the 100 percent of successful bidding in October, and the participation of 9 to 15 bidders in each auction./.
The latest auction this week brought in 4 trillion VND (172.38 million USD), with all issued bonds sold.
The interest rates in successful bids rose slightly for 10- and 15-year bonds, but down for 20-year bonds compared to the previous auctions on October 24.
A report of Military Bank Securities said abundant liquidity of the system and strong drops in inter-bank interests have pushed G-bond interest rate down to a 10-year low.
Meanwhile, demand for G-bonds on the primary market is high, reflected in the 100 percent of successful bidding in October, and the participation of 9 to 15 bidders in each auction./.
VNA
