|State Treasury of Vietnam mobilize VND2.65 trillion (US$113.95 million) worth of government bonds during a May 29 auction held at Hanoi Stock Exchange.
The latest auction, which took place at the Hanoi Stock Exchange (HNX) on May 29, saw the State Treasury mobilize a combined VND2.65 trillion (US$113.95 million) worth of government bonds (G-bonds).
Most notably, 11 bidders bought 10-year bonds worth VND900 billion (US$38.7 million) at an annual interest rate of 4.69 per cent, 0.02 per cent lower than the ratio of the previous auction held on May 22.
The 15-year bonds were sold to six bidders for a total of VND1 trillion (US$43 million) with an interest rate of 5.04 per cent per annum, a fall of 0.01 per cent against the May 22 auction.
Moreover, the State Treasury raised VND500 billion (US$21.5 million) through 30-year bonds with an annual rate of 5.88 per cent, the same rate seen during the previous sale. It also mobilized an additional VND250 billion (US$10.75 million) from selling 30-year bonds to five bidders during an extra auction held on May 29.
Last month, the State Treasury reportedly mobilized over VND12.5 trillion (US$543 million) through G-bonds during 16 auctions at the HNX, a drop of 11.9 per cent in comparison with the previous month.