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Treasury collects budget from Gov’t bonds

The State Treasury mobilised 2.115 trillion VND in Government bonds through a tender organised by the Hanoi Stock Exchange (HNX) on June 27.
The State Treasury mobilised 2.115 trillion VND in Government bondsthrough a tender organised by the Hanoi Stock Exchange (HNX) on June 27.

The HNX put forward Government bonds worth 6 trillion VND in total for tender on the day.

The mobilised funds include 1.1 trillion VND in two-year bonds with anannual interest rate of 6.78 percent, 200 billion VND in three-yearbonds with an annual interest rate of 7 percent and 815 billion VND in10-year bonds with an interest rate of 8.9 percent.

Five-year bonds worth 600 billion VND failed for tender as theannual interest rate offered was as much as 8.5 percent higher than theceiling interest rate imposed by commercial banks.

The State Treasury has so far this year mobilised nearly 94 trillion VND in Government bonds via tenders.-VNA
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