State Treasury raises 170 million USD from G-bonds
The State Treasury of Vietnam mobilized 3.95 trillion VND (170 million USD) worth of Government bonds at an auction on February 27, according to the Hanoi Stock Exchange (HNX).
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| Illustrative image (Source: VNA) |
On offer were seven-year bonds valued at 1 trillion VND (43 million USD), 10-year bonds worth 2.5 trillion VND (107.5 million USD) and 30-year bonds worth 500 billion VND (21.5 million USD).
A total of 100 billion VND (4.3 million USD) was raised from seven-year bonds with an annual interest rate of 4.05 percent, equal to that of the auction on February 13.
Bonds with 10-year maturity raised all 2.5 trillion VND with an annual interest rate of 4.7 percent, equivalent to that of the February 13 auction.
As many as 1.25 trillion VND was also raised for 10-year bonds at the sub-session, with a yield rate of 4.7 percent.
The auction of 30-year bonds mobilized 100 billion VND with an annual interest rate of 5.79 percent, the same as the February 13 auction.
Since the beginning of this year, the State Treasury has collected over 55 trillion VND (2.36 billion USD) from G-bond auctions at the HNX.
