G-bond issuance meets 73 percent of yearly plan

The State Treasury has mobilised more than 182.4 trillion VND (7.88 billion USD) through Government bond auctions on the Hanoi Stock Exchange (HNX) so far this year, fulfilling 73 percent of the yearly plan.

g-bond issuance meets 73 percent of yearly plan hinh 0
Employees work during a Government bond auction at the Hanoi Stock Exchange in Hanoi.(Photo hanoimoi.com.vn)

The latest auction held November 20 brought in 3.9 trillion VND.

In the auction, the annual interest rates in successful bids declined for 5- and 15- and 30-year bonds compared to the previous auction, standing at 2.37 percent, 3.74 percent and 4.64 percent, respectively.

The rate remained unchanged for 10-year bonds, standing at 3.62 percent.

According to the HNX, compared to early this year, the annual interest rates in successful bids tended to decrease, down by 1.45 percentage points for 5-year bonds, 1.48 percentage points for 10-year bonds, 1.56 percentage points for 15-year bonds and 1.16 percentage points for 30-year bonds.

VNA