Illustrative photo (Photo: VNA) Hanoi (VNA)– The State Treasury of Vietnam raised more than 3.6 trillion VND (154.8million USD) from Government bonds (G-bonds) in this week’s auction, accordingto the Hanoi Stock Exchange (HNX).
Theauction offered 4.5 trillion VND (193.5 million USD) worth of G-bonds withdifferent maturities.
Three tenures were available, including five-yearbonds worth 500 billion VND (21.5 million USD) and ten-year and 15-year bondseach worth 2 trillion VND (86 million USD).
The auction of 10-year bonds mobilised over 1.9trillion VND (81.7 million USD) at the average yield rate of 5.1 percent peryear, up 0.04 percent from that of the previous G-bond auction on November 21.
Meanwhile, the 15-year bond auction collected 510billion VND (21.93 million USD) at the average interest rate of 5.3 percent peryear, the same as the last auction.
There was no successful bid for five-year bonds.
So far this year, the State Treasury has raisednearly 137.3 trillion VND (5.9 billion USD) from G-bond auction at the HNX.
According to the Ministry of Finance, Vietnamexpects to issue 180 trillion VND (7.7 billion USD) worth of G-bonds this year,with the focus being on long-term maturity and keeping the interest rate at lowlevels.
G-bonds valuing at 159.9 trillion VND (7.03billion USD) and having an average maturity of 13.52 years, up 4.81 yearsagainst 2016, were issued last year. The bonds had an average annual interestrate of some 6.07 percent, down 0.2 percentage points against 2016. –VNA
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