The State Treasury raised over 23.08 trillion VND (1.017 billion USD) worth of Government bonds (G-bond) via 14 auctions held on the primary market on the Hanoi Stock Exchange (HNX) in January.
A total of nearly 32.6 trillion VND (over 1.4 billion USD) was raised by the State Treasury through 16 G-bond auctions at the Hanoi Stock Exchange (HNX) in June.
The State Treasury of Vietnam raised over 11.1 trillion VND (482 million USD) through 13 government bond auctions in June, down 6.7 percent month-on-month, according to the Hanoi Stock Exchange.
The State Treasury has mobilised 2 trillion VND (86 million USD) from selling Government bonds at an auction held at the Hanoi Stock Exchange this week.
Government bond futures contract, a new product in the derivatives market, will be traded on the Hanoi Stock Exchange on July 4, the State Securities Commission (SSC) has said.
The yield of Government bonds (G-bond) has continued to decline and hit seven-month lows as the US Federal Reserve (Fed) seems unlikely to hike interest rates and the domestic monetary market has shown positive movements.
The State Treasury raised about 2 trillion VND (85.6 million USD) from Government bonds (G-bond) in an auction at the Hanoi Stock Exchange (HNX) this week.
Capital mobilised from the issue of G-bonds in the first eight months of this year was very positive, however, it was quite a contrast to the disbursement of the capital source.
Government bonds have recently seen strong foreign buying despite the facts that the USD is expected to continue appreciating and Vietnam has no incentives to attract foreign investment in its bonds.