Illustrative image (Photo: VNA)
Hanoi (VNA) - The State treasury has successfully raised 5.9 trillion VND (260 million USD) for the State budget through an auction of Government bonds on the Hanoi Stock Exchange (HNX) on June 1.

The bonds were offered for four tenures: five years and seven years, with 2 trillion VND for each term; and 10 years and 15 years, valued at 1 trillion VND.

The five-year bonds brought in only 1.343 trillion VND with a winning yield of 5.05 percent, up two basic points compared to the previous sale on May 24.

The seven-year and 10-year bonds sold for a total value of 3 trillion VND, at lower interest rates compared to the previous sessions, with winning yields of between 5.34 percent and 5.91 percent per year.

The 15-year bonds raised 950 billion VND, with a winning yield of 6.64 percent, which is six basic points lower compared to the session held on May 17.

A total of 600 billion VND was raised in the sub-session sales for the 10-year and 15-year terms.

Since early this year, the State treasury has been selling Government bonds. So far it has sold bonds worth around 103.4 trillion VND through auctions at HNX. -VNA