HNX raises over 786 billion VND from G-bonds
More than 786 billion VND (over 33.6 million USD) was mobilised for the State Treasury of Vietnam from the auction of Government bonds (G-bonds) at the Hanoi Stock Exchange (HNX) in May 8.
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| Illustrative image (Source: VNA) |
The bonds were offered for four tenures: five years, seven years, 10 years, and 20 years.
In particular, the interest rate of five-year bonds was 3.7 percent per annum while those for ten-year bonds fetched 4.72 percent per annum.
Meanwhile, 20-year bonds fetched annual interest rate of 5.69 percent.
The sub-contracting session of the 20-year bonds called for 250 billion VND, with an annual interest rate of 5.69 percent.
From the beginning of 2019, the State Treasury mobilised over 85.5 trillion VND worth of G-bonds through auctions at HNX.
