Over 1.89bn USD raised through G-bond auctions this year

 

The State Treasury has raised over 43.5 trillion VND (1.89 billion USD) from Government bonds auctioned at the Hanoi Stock Exchange since the beginning of this year.

 

At the latest auction, held this week, the State Treasury offered ten- and five-year bonds, each worth 2 trillion VND, and bonds with a maturity of five to seven years, each valued at 500 billion VND.

 

Over 4.39 billion VND worth was sold.

 

Up 2 trillion VND worth of ten-year bonds were sold at an annual interest rate of 2.75 percent, or 0.12 percent higher than at the previous auction.

 

Meanwhile, 2 trillion VND was raised from 15-year bonds at 2.93 percent per annum, the same as at the previous auction. An additional 395 billion VND was also collected at a sub-auction of 15-year bonds.

 

The five- and seven-year bonds failed to attract any bidders.

 

Source: Vietnam News Agency

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