Over 18.8 trillion VND raised from G-bond auctions in February
The State Treasury of Vietnam raised more than 18.8 trillion VND (809.9 million USD) via 10 Government bond (G-bond) auctions on the Hanoi Stock Exchange (HNX) in February, down 48 percent from the previous month.
The interest rates of five-year bonds were 3.63 percent per year; seven-year bonds 4.05 percent, 10-year bonds 4.7 percent, 15-year bonds 5-5.03 percent, 20-year bonds 5.56 percent, and 30-year bonds 5.79 percent.
Compared to January, the rates were down in all terms with the strongest reduction in five-year bonds (0.19 percent), and 10-year bonds (0.14 percent).
On the secondary G-bond market, the total volume of G-bonds sold by the outright method in February reached over 628 million, worth 68 trillion VND, down 10 percent in value month-on-month.
Meanwhile, the trading volume through repurchase agreements (repos) surpassed 759 million, worth over 76.7 trillion VND, down 6.2 percent in value month-on-month.
Foreign investors made outright purchases of more than 4.1 trillion VND and outright sales of over 3 trillion VND.