More than 1.1 bln USD worth of G-bonds raised in April
The Hanoi Stock Exchange (HNX) raised 25.083 trillion VND (1.103 billion USD) worth of government bonds, down 23.9 percent from March during 18 bidding sessions last month.
Illustrative image (Source: VNA)The five-year bonds offer an annual interest rate of 5.1-5.22 percent while seven-year ones yield 5.43-5.48 percent, up 0.12 percent and 0.05 percent from March, respectively.
The others with 10-year, 15-year, 20-year and 30-year maturity have respective coupon rates of 5.99 percent, 6.74-6.79 percent, 7.1-7.36 percent, 7.63-7.85 percent, marking month-on-month decreases of 0.06 percent, 0.11 percent, 0.35 percent and 0.27 percent.
On the secondary market, the total volume of outright trading topped 640 million bonds, or 67.6 trillion VND (2.97 million USD), down 16.5 percent in value over last month.
The trading volume through repurchase agreements (repos) was more than 883 million bonds, equivalent to 85.9 trillion VND (3.77 billion USD), down 2.6 percent month-on-month.
Foreign investors made outright trading worth in excess of 5 trillion VND (220 million USD) in purchase value and 4.3 trillion VND (189.2 million USD) in sales value. They also made repos selling of upwards 190 billion VND (8.36 million USD) and had no repos purchase during the month.-VNA
You should also see
Government urged to probe gold traders to prevent possible market manipulation
The National Assembly (NA) Standing Committee has asked the Government and the Prime Minister to investigate gold trading firms to promptly address any violations in business activities and possible market manipulation, amid soaring domestic prices.
See more
Business
Tra Vinh exports organic coconut flower nectar to Australia
The Tra Vinh Farm Co., Ltd (Sokfarm) in the Mekong Delta province of Tra Vinh has successfully exported its first shipment of organic coconut flower nectar products to Australia - the fifth main importer of the locality’s product.
Business
Real estate market thrives, entities ready to re-enter market
The real estate market has witnessed positive developments, with a slew of projects, including billion-dollar projects, being announced and called for investment in the first quarter of 2024.
Business
Central bank to resume gold bar bidding after 11 years
The State Bank of Vietnam (SBV) will resume gold bar bidding after 11 years, aiming to increase the supply of gold to the market, promptly and immediately settle the high difference in domestic and international gold prices, thus ensuring the gold market operates in a safe and stable, healthy, open, transparent and effective manner in accordance with the Prime Minister's direction.
Business
Hai Phong Techfest connects Vietnamese, RoK businesses
The Department of Science and Technology of the northern port city of Hai Phong is organising the International Techfest Connect 5+, a science and technology festival to promote connectivity in the northern coastal region, from April 15-16.
Business
Banks record positive business indicators in Q1 2024
Many banks have reported positive business indicators, especially credit growth, in the first quarter of this year.
