The Hanoi Stock Exchange (HNX) sold 15.77 trillion VND (677.4 million USD) worth of bonds during 33 auctions held in July, down 6.9 percent from June (Illustrative photo: VNA) Hanoi (VNA) – The Hanoi Stock Exchange (HNX) sold15.77 trillion VND (677.4 million USD) worth of bonds during 33 auctions heldin July, down 6.9 percent from June.
Of the amount, the State Treasury raised 15.42 trillion VNDand the Bank for Social Policies raised 350 billion VND.
The interest rates of successfully bid 5-year bonds rangedfrom 3.45– 4.1 percent per annum, while those for 7-year bonds were from3.85-3.9 percent per annum.
Ten-year bonds fetched annual interest rates of 4.4-4.8percent, and 15-year bonds fetched 4.7-4.78 percent per annum.
The annual interest rate for successfully bid 20-year bondswas 5.22 percent, and that for 30-year bonds was 5.42 percent.
In general, the interest rates showed increases for bonds ofall terms compared to those sold in June.
On the secondary G-bond market, the total volume of G-bonds sold by the outrightmethod exceeded 554.6 million, worth more than 62.4 trillion VND, down 42.3percent month-on-month.
Meanwhile, trading volume throughrepurchase agreements (repos) reached over 902 billion bonds valued at morethan 92.5 trillion VND, up 39.7 percent from June.
Foreign investors made outright purchases ofmore than 2.18 trillion VND and outright sales of over 6.42 trillion VND. They didnot conduct any repo transaction during July.-VNA
