The Hanoi Stock Exchange (HNX) has sold over 31.9 trillion VND (1.5 billion USD) worth of government bonds in December, an increase of 394 percent compared to November.

Of the amount, nearly 18.8 trillion VND (894 million USD) was raised for the State Treasury, 200 billion VND (9.5 million USD) for the Bank for Social Policies and the remaining nearly 13 trillion VND (approximately 619 million USD) for the Bank for Investment and Development of Vietnam.

The annual interest rates range from 5 percent to 6.2 percent for three-year bonds, 5.85 percent to 7 percent for five-year bonds, 6.4 percent for ten-year bonds and 7.8 percent to 8.1 percent for 15-year bonds.

The total number of government bonds traded in outright transaction in secondary market this month reached over 862 million units worth over 95.6 trillion VND (4.55 billion USD), while over 344 million bonds valued at 35.8 billion VND (1.7 billion USD) were traded in repurchase transactions.-VNA