Hanoi (VNA) – More than 17.57 trillion VND (748 million USD) was mobilised via 31 government bond (G-bond) auctions on the Hanoi Stock Exchange (HNX) in June, up 67.2% month-on-month.
Of which, the State Treasury raised over 15.27 trillion VND, while the rest by the Bank for Social Policies.
Successful bidders for G-bonds of 10 and 15 years will enjoy interest rate increase by 0.14% per annum.
On the secondary market, bonds worth over 172 trillion VND were sold in June, a rise of 0.72% compared to the previous month. The average trading value reached 7.8 trillion VND per session.
The total volume traded via repos made up 39.72% of the total. Foreign investors accounted for 0.54% of the total value in June, with net sales exceeding 1 trillion VND.
In the first six months of this year, more than 74 trillion VND has been raised though G-bonds through 128 auctions./.
Vietnam looks to promote issuance of Gov’t bonds on int’l market
Experts and economists have proposed to expand the issuance of Government bonds to the international market, saying that this will help increase oppotunities to mobilise investment flows for socio-economic development projects of Vietnam in the time to come.