March 31, 2020 19:40

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Over 198 million USD raised from latest G-bond auction

18:04 | 20/02/2020

Up to 4 61 trillion VND has been raised by the State Treasury through the latest auction of Government bonds G bonds on the Hanoi Stock Exchange

over 198 million usd raised from latest g bond auction

Employees work during a Government bond auction at the Hanoi Stock Exchange in Hanoi.(Photo: hanoimoi.com.vn)

Accordingly, the State Treasury offered G-bonds of four maturities – seven years, 10 years, 15 years and 20 years – each valued at 1 trillion VND.

A total of 110 billion VND was mobilised from seven-year bonds with an annual interest rate of 2.24 percent, the same as that of the January 15 auction.

The 10-year and 15-year bonds raised 1.5 trillion VND each with annual yield rates continuing to drop significantly to 2.77 percent and 2.85 percent, respectively. The rates were 0.14 percent and 0.18 percent lower than those of the February 12 auction, respectively.

The State Treasury also sold 1.5 trillion VND worth of 20-year bonds with an average interest rate of 3.09 percent per annum, down 0.06 percent from the previous auction on January 21.

So far this year, the State Treasury has collected nearly 18.44 trillion VND (794.5 million USD) from six G-bond auctions.

Source: VNA