Over 3.1 trillion VND raised from Government bonds (Illustrative image. Source: VNA)

Hanoi (VNA)
– The Hanoi Stock Exchange (HNX) raised more than 3.1 trillion VND (136 million USD) through 17 auctions of Government bonds issued by the State Treasury in August, down 79 percent against the previous month.

While five-year bonds were sold with an annual interest rate of between 4.6 percent, those for seven-, 10- and 15-year bonds are 4.8 percent, 5.38 percent and 5.75 percent respectively.

Meanwhile the 30-year bonds bear the respective interest rate of 6.1 percent.

Compared to the previous month, the August interest rates dropped 0.12 percent for five-year and 30-year bonds and 0.15 percent for seven-year bonds while those for 10-year and 15-year bonds remained unchanged.

In the secondary market, the total trading volume of Government bonds sold outright reached over 902.5 million bonds worth more than 99.5 trillion VND, a monthly decline of 10.3 percent.

The volume of G-bonds sold through repurchase (repo) agreements was estimated at over 1,186 million bonds valued at over 119 trillion VND, a month-on-month increase of 20.4 percent.

Foreign investors made outright transactions worth over 4.9 trillion VND in purchase value and over 5.5 trillion VND in sale value.

They also had repo selling of over 98.9 trillion VND and no purchasing repo transaction this month.-VNA