December 18, 2017 23:38

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Over US$400 million raised from G-bonds in November

16:52 | 05/12/2017

The Hanoi Stock Exchange HNX announced it had mobilised more than 9 15 trillion VND 403 million USD from 31 Government bond auctions in November

over us 400 million raised from g bonds in november

This marked an increase of 21.8% compared with the previous month, of which the State Treasury mobilised over VND2.93 trillion, Vietnam Development Bank raised VND4 trillion and Vietnam Bank for Social Policies more than VND2.22 trillion.

The coupon rates of five-year term bonds sold ranged from 4.5 to 5% per year, seven-year term bonds from 4.85 to 4.88% per annum and 10-year term bonds from 5.41 to 5.91% per annum. 15-year term bonds were at 5.75-6.2% per annum, 20-year term bonds at 5.82% per year and 30-year term bonds at 6.1% per annum.

On the secondary market, the total volume of Government bonds sold by the outright method reached more than 800 million, worth VND88.6 trillion, marking a 15.2% decrease in value over October.

Trading volume through repurchase agreements (repos) was 1.105 trillion bonds, worth over VND110.5 trillion, up 4.1% in value compared with the previous month.

Foreign investors also made outright purchases of more than VND4.3 trillion and outright sale transactions of over VND5.6 trillion. They made repo sales of over VND247 billion and no repo buys in November.

Source: VNA