4.1 trillion VND (175.5 million USD) worth of Government bonds mobilised at an auction this week (Source: VNA)

Hanoi (VNA) – A total of 104.2 trillion VND (4.46 billion USD) had been raised this year by the State Treasury of Vietnam via auctions of Government bonds at the Hanoi Stock Exchange as of August 22.

At an auction this week, the State Treasury mobilised 4.1 trillion VND (175.5 million USD) worth of 10-year and 15-year Government bonds.

The auction had planned to sell 5.5 trillion VND (235.5 million USD) worth of G-bonds with a 5-year, 7-year, 10-year, 15-year and 30-year maturity.

Bonds with 10-year maturity raised 1.5 trillion VND (64.2 million USD) with annual interest rate of 4.6 percent, up 0.03 percent from the previous auction on August 15.

A sub-session auction of 10-year bonds drew 600 billion VND (25.7 million USD) with yearly interest rate of 4.6 percent.

Those with 15-year term attracted 1.4 trillion VND (59.9 million USD) with an annual interest rate of 4.87 percent, up 0.03 percent in comparison with the rate of the previous auction.

As many as 600 billion VND was mobilised from 15-year bonds at the sub-session auction with an interest rate of 4.87 percent per year.

No bonds of five-year, seven-year and 30-year terms were sold at this auction.

Last year, Vietnam sold some 159.9 trillion VND, or 6.84 billion USD, worth of G-bonds with an average maturity of 13.52 years and annual interest averaging 6.07 percent, down 0.2 percentage points against 2016.-VNA