Over 193 million USD raised from G-bonds on July 25 hinh anh 1Over 193 million USD raised from G-bonds on July 25. (Photo: VNS)

Hanoi (VNA)
- The Hanoi Stock Exchange (HNX) raised 4.5 trillion VND (approximately 193.5 million USD) at the latest auction of Government bonds (G-bonds) issued by the State Treasury on July 25.

The auction aimed to sell 7.5 trillion VND, or 322.5 million USD, worth of G-bonds with 5-year, 7-year, 10-year, 15-year, 20-year and 30-year maturity.

Some 300 billion VND (12.9 million USD) was mobilised from 5-year bonds with annual interest rate of 3.9 percent, up 0.05 percent from the previous auction on July 18.

Eight bidders bought 10-year bonds at a total of 2.1 trillion VND (90.3 million USD) with annual yield rate of 4.48 percent, up 0.02 percent from the July 18 auction.

G-bonds with 15-year maturity also fetched 2.1 trillion VND, winning interest rate of 4.78 per year, up 0.02 percent from the last auction.

There were no successful bids for 5-year, 20-year or 30-year G-bonds.

From the outset of 2018, the State Treasury collected more than 90 trillion VND (3.87 billion USD) through G-bond auctions at the HNX.

The National Financial Supervisory Commission has predicted that the G-bond market in 2018 will see modest changes from last year thanks to economic growth of more than 6.7 percent and inflation below 4 percent. It expects the value of G-bonds issued this year to reach 180 trillion VND (7.92 billion USD).

Last year, Vietnam sold some 159.9 trillion VND, or 7.03 billion USD, worth of G-bonds with average maturity of 13.52 years and annual interest averaging 6.07 percent, down 0.2 percentage points against 2016.

The interest rates of Government bonds have risen lately, after a long period of decline throughout 2017 and the first four months of 2018.-VNA