July 04, 2020 06:47

Advertisement Contact us RSS Vietnamese

Latest G-bond auction raises over US$450 million

17:43 | 25/06/2020

The State Treasury of Vietnam mobilises 10 48 trillion VND from a G bond auction held by the Hanoi Stock Exchange HNX on June 24

latest g bond auction raises over us 450 million

A total of VND8.5 trillion worth of bonds was up for auction, including 5-year bonds valued at VND1.5 trillion, 10-year bonds at VND4 trillion, 15-year bonds at VND2.5 trillion each, and 20-year bonds at VND500 billion.

The five-year bonds were sold for VND130 billion with an annual interest rate of 1.95%, equivalent to that of the previous auction on June 17.

A total of VND6 trillion was mobilised from 10-year bonds with an annual interest rate of 2.98%, down 0.02% from the previous auction.

Sales of the 15-year bonds totalled VND3.6 trillion, with an interest rate of 3.15% per annum, equivalent to that of the previous auction.

The 20-year bonds raised a total of VND750 billion at an interest rate of 3.42%, down 0.03% from the previous auction.

The State Treasury has raised close to VND84.59 trillion from G-bonds so far this year. Last month, it mobilised over VND18.39 trillion from G-bonds via 16 auctions.

Source: VOV