Vietnam expects to raise 120 trillion VND worth of G-bonds in Q3

The State Treasury recently announced a plan to auction Government bonds worth of 120 trillion VND (5.21 billion USD) via the Hanoi Stock Exchange in the third quarter.

Specifically, five-year bonds will be worth 10 trillion VND, seven-year ones 8 trillion VND, 10-year bonds valued at 40 trillion VND, 15-year bonds 50 trillion VND, 20-year bonds 5 trillion VND and 30-year bonds 7 trillion VND.

The State Treasury could adjust the volume of issued bonds to suit market situation and meet demand for State budget use.

In the first half of this year, it mobilised over 141.4 trillion VND worth of Government bonds, or 40.4 percent of the target assigned by the Finance Ministry.

Source: Vietnam News Agency